Address
5426 Main St LEXINGTON, MI
Price
$ 639,900
Property Attributes
  • ML#58050019789
  • TypeCommercial
  • CountySANILAC
  • CityLEXINGTON
  • AreaLexington Vlg
  • Zip48450
  • Style
  • Price$ 639,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4000
  • Lot Size0.82 Acres
Listing Provided Courtesy Of:
Bauer-Reno & Assoc Real Estate
Property Description

Over $1.1mill invested! Great Business opportunity w/unlimited potential! 2 commercial buildings & 1 apartment building w/2 units. One of the commercial spaces is currently a 24/7 laundromat produces over $90,000 a year of income. The 2nd is a full commercial kitchen w/$120,000 worth of equipment. Kitchen could be used to operate a deli, or small restaurant in the heart of Downtown Lexington. Kitchen includes; Refrigerator & Freezer units, Hussman glass showcase refrigerator, 12 foot hood vent w/clean air/make-up return. Fire suppression system, ice maker, rotisserie, 4 burner stove, 32 " grill top, & 2 prep stations. Top of line Micro Boiler system, new plumbing, electrical & drywall. The Landromat comes w/over $240,000 worth of equipment that is only 8 years old; 16 washers, 16 dryers, 2 restrooms, 3 vending machines, and multiple misc items. The property also includes an Apt building w/2 units that can easily be converted into 3 units or 1 large single family residence.

Price History
8/6/2020 Listed $650,000
10/2/2020 2% - $639,900

General Features

Commercial Type Commercial
Construction Materials Brick
Heating Forced Air
Listing Agent Public Id 58000000211487
Originating MLS MiRealSource
Parcel Number 15202540029000
Property Type Commercial
Sewer Sewer-Sanitary
Short Sale No
Status Active
Terms Offered Cash, Conventional
Total Sq Ft 4000
Transaction Type Sale
Year Built 2002
Zoning Commercial, Residential

Interior Features

Heating Fuel Natural Gas

Exterior Features

Foundation Crawl, Slab
Lot Size Area 0.82
Lot Size Dimensions 174x191x144x47x26x146
Water Source Municipal Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via Realty Executives Home Towne and The Originating MLS(found above), © 2020 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is 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.

Data is updated as of November 30, 2020 8:22 PM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Zip Code Average in 48450

Price
AVG $260K
$640K
Visits
AVG 9
20
Year Built
AVG 1962
2002
Walkscore
AVG 25
59
Data Provided by Walkscore ® not using MLS data

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