CannaMLS ID: 19089
Cannabis Dispensary Facility for sale in Genesee County, MI 48437
Genesee County – Confidential Operating Provisioning Center
Created | Updated
Price
$ 2,999,999
Seller financing available
Operating Adult Use Provisioning Center available for sale real estate not included.
- Property
- Licenses
- General
Property
Property is: For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Retail
Zoning: M-1
Lot size (acres): 0.74
Building size (sq ft): 1,740
Parking spots: 30
- Property
- Licenses
- General
Property
Property is: For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Retail
Zoning: M-1
Lot size (acres): 0.74
Building size (sq ft): 1,740
Parking spots: 30
Description
This offering includes an Adult-Use Retail License and Leasehold Rights. The long-term lease is priced at $3,000 per month + NNN. The freestanding building can be purchased for $1,000,000 and will include five (5) neighboring buildings.
The business earned approximately $5.4M in revenue and $1.5M in EBITDA in 2024. The store currently generates $450K in monthly revenue. There is value-add potential with more active, hands-on management and increased day-to-day operations.
Offers prominent building signage and excellent visibility from the main road for maximum brand exposure, along with 30+ onsite parking spaces.
The site is located in a stabilized market with great synergy, surrounded by a dense residential population and several national and local tenants.
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