CannaMLS ID: 18389
Marijuana Retail Facility for sale in Portage, MI 49002
Portage – Doja Operating Provisioning Center
Created | Updated
Price
$ 1,450,000
Seller financing available
Operating Adult-Use Provisioning Center for sale - real estate and license included.
- Property
- Licenses
Property
Address: 4203 East Centre Avenue, Portage, MI 49002
Property is: For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Retail
Purchase price: $ 1,450,000
Zoning: B-3
Lot size (acres): 0.31
Building size (sq ft): 3,256
- Property
- Licenses
Property
Address: 4203 East Centre Avenue, Portage, MI 49002
Property is: For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Retail
Purchase price: $ 1,450,000
Zoning: B-3
Lot size (acres): 0.31
Building size (sq ft): 3,256
Description
Operating Adult-Use Provisioning Center for sale - real estate and license included.
Located in a densely populated residential area, this property benefits from strong market synergy and is surrounded by a mix of national and local businesses, ensuring steady foot traffic and visibility.
This freestanding building offers prime visibility with pylon signage and 15 dedicated parking spaces, plus an option to lease additional parking from a neighboring property.
Situated on the heavily traveled Centre Avenue, with over 19,106+ vehicles per day. The municipality also offers the ability for a 24-hour operation.
The business generates an average revenue of approximately $245k per month over the trailing 6 months, making it a lucrative investment opportunity with increased day-to-day management of operations.
Ownership currently has a loan that could be assumed by a future buyer, allowing less upfront capital to take over operations of the business and real estate.
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