Things To Do in Lewiston Michigan

Things To Do -Lewiston Michigan

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Lewiston Michigan is the home of many splendid things — we know it, because we live here. Beautiful scenery, majestic lakes, fabulous food, quirky locales and hidden gems just barely scratch the surface of what Lewiston Michigan has to offer.

We asked staff members of the Lewiston Press to share some of the best things to see and do in Michigan, based on our personal experiences. Here are 50 ideas you may want to add to your bucket list if you visit Lewiston, MI.

Think we missed something? Add your bucket list item here and be sure to explain why it’s great.

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  • Lease Purchase Houses Metro Detroit - What You Need To Know

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One of the loveliest places in America to enjoy the fine art of taking tea, is in a Michigan Tea Room. Located throughout the state, in the regional area of Detroit, Lansing, and the Upper Peninsula, a Tea Room in Michigan can be as varied as the clothes we wear to them!

Some Tea Rooms boast specialty items on their menu, conducive to their particular region. Michigan Cherry Scones are a wonderful find in Tea Rooms around the State! You will also find many interesting "tea related" gift items in many of these tiny, but traditional places. Look for a Tea Room that sells the same scone mix they use from their selected menu items. Ivita Products are a real find in Michigan as they hail from California and are rare in the Great Lakes State area, so look for their many tea related items including a variety of scone mixes, muffin mixes, lemon or lime curd and their imported English Clotted Crème.

Call your nearest Tea Room and ask about accommodating your group. Whether it is a Bridal Shower, a Baby Shower, or a Special Birthday, the Tea Room can create an experience your guests will never forget. Seating capacity is foremost to your guest list, so be sure the Tea Room size can accommodate your group.

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  • Stadium Food - Ford Field, Detroit, Michigan

If you are looking for lease purchase houses Metro Detroit, you are not alone. Many Metro Detroit homes for sale by owners and agents advertise a lease option or "rent to own", but not all of these plans are the same. They are becoming increasingly popular, but you may find that you do not qualify for some.

The power of the lease purchase is that you can get into a home even if you have past credit issues. As long as you have a job, a small down payment or option consideration, and can afford the monthly payments, a lease purchase may allow you to realize the American dream of home ownership.

For those who are interested in lease purchase houses Metro Detroit is a good place to look. At the moment there are literally thousands of Metro Detroit homes for sale. This is good news for buyers, but could be bad news for sellers, particularly those who need to sell quickly to avoid foreclosure.

Lease purchase is a good idea for people with past credit issues, small down payments or for anyone that wants to stop wasting their money on rent and make a real investment in their future. It is also a good idea for people who need to sell quickly.

If you currently own one of the Metro Detroit homes for sale and are tired of waiting for a buyer, you should know that there are unique options to consider. One plan is to help the tenant-buyers improve their credit, making it possible for them to qualify for a conventional mortgage during the lease purchase term.

This is a powerful strategy some real estate investors for lease purchase houses Metro Detroit are using in this current market.

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Does commercial real estate in southeast Michigan offer the most outstanding investment potential anywhere in the country right now? Some investors think so. When the great recession fully took hold in late 2008, the entire real estate market, both locally and nationally, plummeted in price creating a once in a lifetime opportunity for all cash investors. There have been a handful of high-profile transactions in the past few months with the promise of more to come in 2012. The buyers range from out-of-town value seekers to savvy local investors. Here are two examples:

West Tech Park is one of the premiere R&D/Flex developments in the suburban west side market. It sits prominently at the corner of Haggerty Road and the busy I-696/I-275 Interchanges in Farmington Hills, Michigan. Totaling nine (9) buildings, and over 278,000 SF in size, it was originally developed in the late 1980's by a partnership of well-known local developer REDICO and TIAA-CREF, the giant teacher's pension fund in New York. West Tech Park has had a few other prominent owners over the years, including Pennsylvania based Liberty Property Trust, Iowa based Principal Life Insurance Company and of late, ETC Capital LLC, which is backed by local 5-Hour Energy entrepreneur Manoj Bhargava. ETC Capital was able to acquire West Tech Park for $8.5 million, or $30 per square foot. This is less than 50% of the cost to construct the property back in 1987, when asking rents alone topped the market at $12.00 to $13.00 per square foot. Now granted, the new Landlord will have to invest additional dollars to maintain the property and outfit it for new tenants (the property was only 32% occupied at the time of purchase according to CoStar.com), but ETC Capital will be competing for those tenants with a base investment significantly lower than many of the competing area properties. Bhargava, through another entity, recently purchased a modern Plymouth Township building formerly occupied by Johnson Controls for a mere $22 per square foot. Again, this just is a fraction of the cost to construct this building back in 1996. One can only conclude that Bhargava knows great value when he sees it, and believes in the long-term prosperity of Metro Detroit.

The unprecedented swoon in the commercial real estate market has created a once in a lifetime opportunity for value investors. It's time to buy commercial property in Detroit!


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