Lake Effect - Operating Adult-Use Provisioning Center

CannaMLS ID: 9722
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Price: $3,950,000


Listing Details


Listing Category
Dispensary

License Status
Municipal / local license granted

Adult Use
YES

Price: $3,950,000

Listing Status: For Sale

  • Operating Adult Use Provisioning Center for sale, including real estate.
  • The first provisioning center opened in the Portage/Kalamazoo area. This location generated $7.4M in revenue for 2022.
  • Freestanding building featuring 21 parking spaces and highly visible pylon signage on the main road.
  • Positioned on a heavily traveled Portage Road that sees 20k+ cars daily. Surrounded by several national and local tenants for maximum exposure and traffic.
  • The neighboring .36 acre parcel at 8312 Portage Road with a 928 SF building on it is included in the sale and site plans to expand the parking lot. 

 

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Listing Details

Listing Status
For Sale

Location
Portage, Michigan 49002

Date Listed For Sale:
7/5/2023

Date Last Updated:
7/5/2023

Generating Revenue:
YES

Operational:
YES

Property Details

Buiding Size (sq ft)
3912 sq ft

Lot Size (acres)
0 acres

Pricing Details

Listing Price
$3,950,000

Lease Terms:

 


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