$2,078
closing credit¹
8216 Lakeshore Rd Lexington, MI 48450
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
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
Disclaimer: 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.
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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](/homes/listing-images/54300954_S0469/S0469/S0469-R0100/207723662/207724059.jpg?version=1735571238&width=640)
$175,000
8216 Lakeshore Rd
$2,078
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property 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.
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.
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.