




5454 Main St, Lexington, MI, 48450
About This Home
A great opportunity to live in downtown Lexington! Formerly the retail shop, Gatherings, for many years, this is within easy walking distance of everything downtown. The grounds offer very healthy perennials for every season, making the curb-appeal even more desirable. The 4 bedrooms, one down, 3 up are very vintage and can be decorated with a variety of styles. The property has been well-maintained over the years, but it is time for someone to make even more than what it already is! How about it? Are you ready for a change? Property is also being offered as a commercial property, with inventory included, for $455,000. Extra storage with the 8 X 12 garden shed, 8 X 10 utility barn and two-story 30 X 40 barn. With the charm of the "closer up north" Village of Lexington, your business will thrive with the walkability of this location that is downtown! Bring your imagination, business plan and make your dream come true.
Getting Around
Schools
Construction
Condition
- Year built: 1895
Materials
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Conventional Frame
- Property subType: Single Family Residence
Interior
Basement
- Basement: Crawl Space
Bathroom1
- Level: Main
Bedroom1
- Level: Upper
- Area: 143
Bedroom2
- Level: Main
- Area: 144
Bedroom3
- Level: Upper
- Area: 156
Bedroom4
- Level: Upper
- Area: 165
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 1/2 bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Features
- Finished area below ground: 0
- Finished area above ground: 2,145
Heating
- Heating features: Baseboard,Boiler,Natural Gas
Interior Area
- Total structure area: 2,145
- Total interior livable area: 2,145 sqft
Property
Details
- Parcel number: 152 300 000 020 01
- Zoning description: Commercial,Mixed Use,Residential
- Special condition: Trust
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Porch
- Frontage type: Road
- Frontage length: 85
Lot
- Lot size: 0.26 Acres
- Features: Large Lot - 65+ Ft.,Main Street,Sidewalks
- Lot size dimensions: 85 x 132
Parking
- Total spaces: 4
- Parking features: 3 or More Spaces,On Street,Detached,Workshop in Garage
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Ice Storm
- Strong Wind
- Winter Weather
- Hail
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Sanilac County and Michigan
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,219 | $26,628 |
| Home Insurance * | $312 | $3,744 |
| Property Taxes | $839 | $10,068 |
| Electricity | $233 | $2,807 |
| Total | $3,603 | $43,236 |
Income You'd Need if You Spent...
Michigan FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-13 | Listed for sale | $439,000 |
