$2,078

closing credit¹

8216 Lakeshore Rd Lexington, MI 48450

$175,000
2 full
1,200 sqft
$146 / sqft
Multi-Family

Property details

About 8216 Lakeshore Rd

Incredible investment & rare opportunity to own your own business with some built in income. Property includes 8220 Lakeshore (address assigned for postal purposes only) a single family 3 Bdr home approx 1200 sq. ft. complete with 2 car garage on parcel of the same currently rented for $850/mo, along with commercial bld (8216 Lakeshore) in roughly 2500 Sq Ft features 9x13 walk-in cooler, separate stand-alone coolers, and built in counter. Was a convenience store, but has limitless options: Restaurant, Cafe/bakery, Retail, or apportion for offices and profit from the rent. High traffic area of Lakeshore. Possibility to split the land and rezone house residential. Homes like it are worth $140,000-$175,000 alone.

Highlights

Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
Size1,200 sqft
Year built9999
ParkingGarage
MLS #20240094306

Summary

  • MLS Number: 20240094306
  • MLS Name: Realcomp II Ltd
  • Office Name: Real Estate One GPF, Max Broock, REALTORS®-Detroit
  • Listing Agent: Suzanne M OBrien, Michael OBrien

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/10/2025, 9:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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back of property with a deck and a yard

$175,000

8216 Lakeshore Rd

$2,078

closing credit¹

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$96,900$3,291
2023$94,300$4,084
2022$77,600$2,643
2021$79,100$2,606
2020$63,800$-
2019$79,500$-
2018$58,700$-
2017$42,500$-

History based on county public records data.

Nearby schools

9

Meyer Elementary School

Public District PK-4

5.4 mi

7201 Lake St

8

Frostick School

Public District PK-4

7.6 mi

57 S Howard Ave

5

Keewahdin Elementary School

Public District PK-5

10.2 mi

4801 Lakeshore Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $63,636. Typical income of Lexington, MI residents is between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

27%
<35k
56%
35k-100k
14%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

45%
Single, No Kids
6%
Single, with Kids
41%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
5%
12-17 yrs old
11%
18-34 yrs old
43%
35-64 yrs old
32%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Dollar GeneralDollar General
  • Bass Pro ShopsBass Pro Shops

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • ApplebeesApplebees
  • Jimmy JohnsJimmy Johns

What do the neighbors drive?

  • RamRam
  • CadillacCadillac
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • Classic CountryClassic Country
  • OldiesOldies
  • New CountryNew Country
All data provided by Home Junction and Claritas

This home is located at 8216 Lakeshore Rd in Lexington, MI and zip code 48450. This 1,200 square foot home was built in 9999. Features: 2 bathrooms. It has been listed on Rocket Homes since December 30, 2024 and is currently priced at $175,000.

While more than 1 listings in Lexington, MI in January 2025 were sold above asking price, there were more than 1 listings sold at asking price, and more than 1 were sold below. The number of homes for sale in Lexington, MI decreased by 18.6% between December and January 2025. In January 2025, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $459,000.

From Rocket Homes Real Estate and based on county public records data.

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