Incredible investment & rare opportunity to own your own business with virtually no competition or lease for additional investment profit. Bonus residence on the property yields over $10,000 in income annually with long standing tenant. Long term equity wins if you split the property in the future to sell residence separately - current values make the residence worth $150K + alone. Collective AVM is currently over $350,000 Updated commercial bld 2525 Sq Ft features New flooring, Furnace, updated septic, new water line, updated electric, 9x13 walk-in cooler, separate stand-alone coolers, and built in counter; along with a large shed for storage. Was a convenience store, but has limitless options: Restaurant, Cafe/bakery, Retail, or apportion for office. High traffic area of Lakeshore, the gateway to the thumb. Opportunities and needs in the community = Mixed-use or retail development downtown: As Lexington grows, there's room for cafe, boutiques, galleries, and visitor-centered retail. No Starbucks along the way to work from home here! Specialty food or agri-tourism ventures: Local farm-to-table markets, fermented foods, or agritourism complement existing food production. Senior care facilities or in-home services: As population ages, community-scale healthcare services and assisted living support can fill a growing need. Perfect location for commuter day care! So many options to launch a successful business in this community.
Just south of the "First Resort North of the Village of Lexington". This building has endless opportunities. Unleash your entrepreneurial spirit with this vibrant party store! Endless opportunities await in this lively business venture. Don't miss out!" Liquor License/Beer Wine/ Carry Out/ Lotto/Tobacco/commercial kitchen/living quarters licenses are all included. Great Location
Lexington is located in Michigan. Lexington, Michigan has a population of 1,098. Lexington is less family-centric than the surrounding county with 12.21% of the households containing married families with children. The county average for households married with children is 26.74%.
The median household income in Lexington, Michigan is $39,375. The median household income for the surrounding county is $52,459 compared to the national median of $69,021. The median age of people living in Lexington is 60.6 years.
The average high temperature in July is 80.1 degrees, with an average low temperature in January of 16 degrees. The average rainfall is approximately 33.2 inches per year, with 39.1 inches of snow per year.
