new - 3 days on rocket

8216 Lakeshore Rd, Lexington, MI, 48450

$175,000

Home List Price

$2,078*

Closing Credit

2 Full Baths
1,200 SqFt
$146/SqFt
Multi

Location

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8216 Lakeshore Rd, Lexington$175,000

Buyer Closing Credits

$2,078*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingGarage
Year Built9999
HeatingForced Air, Natural Gas
MLS #20240094306
StatusActive

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 9999
  • Living Area: 1,200 SqFt

Listing Office:

  • Office Name: Real Estate One GPF, Max Broock, REALTORS®-Detroit
  • Office Phone: (313) 884-0600, (313) 324-8430
  • Listing Agent: Suzanne M OBrien, Michael OBrien

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 2

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Garage

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Other

Directions Information:

  • Directions: Gailbraith south on Lakeshore to property on right

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000
  • Price Per SqFt: $146/SqFt

Tax Information:

  • Annual Amount: $2,607
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lexington, MI.

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Lexington, MI

City

Med. Sold Price

$281K

Med. Price/SqFt

$218

Avg. Days On Market

43

# of Sold Homes

9

8216 Lakeshore Rd vs Lexington

3 DAYS ON ROCKET

-40 Days

$175,000

-$106K Less

$146/SqFt

-$72 Less

KEY TAKEAWAY

This property is $106K less than the Median Sold Price and $72/SqFt less than other homes in Lexington, MI.

Based on homes sold in December 2024

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240094306

Listing Office:

  • Office Name: Real Estate One GPF, Max Broock, REALTORS®-Detroit
  • Office Phone: (313) 884-0600, (313) 324-8430
  • 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: 1/2/2025, 11:56:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,607$79,100
2020 - $63,800
2019 - $79,500
2018 - $58,700
2017 - $42,500

History based on county public records data.

Payment Calculator

$941

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-69893
9
/10

  • Meyer Elementary School

  • 7201 Lake St

  • 5.40 miles

  • Public District Grades PK-4

school-card-donut-69894
8
/10

  • Frostick School

  • 57 S Howard Ave

  • 7.65 miles

  • Public District Grades PK-4

school-card-donut-69895
5
/10

  • Keewahdin Elementary School

  • 4801 Lakeshore Rd

  • 10.19 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Rocket Homes›Michigan›Sanilac County›Lexington›48450›8216 Lakeshore Rd

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 2 listings in Lexington, MI in December 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 6 were sold below. Between November 2024 and December 2024, Lexington, MI real estate market has seen increase in the number of listings by 10.3%. While the average time on the market in December 2024 was 43 days, the median list price was $281,000.

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

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