CannaMLS ID: 19862
Marijuana Retail Facility for sale in Menominee, MI 49858
Menominee – Approved Provisioning Center/Prime Development Land
Created | Updated
Price
$ 1,950,000
Seller financing available
Rare opportunity for a flagship location! Municipal Approved Adult-Use Provisioning Center available for sale - license and real estate included.
- Property
- Licenses
- General
Property
Address: 3500 10th Street, Menominee, MI, 49858
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: $ 1,950,000
Zoning: D-1
Lot size (acres): 8.90
Building size (sq ft): 4,825
Parking spots: 71
- Property
- Licenses
- General
Property
Address: 3500 10th Street, Menominee, MI, 49858
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: $ 1,950,000
Zoning: D-1
Lot size (acres): 8.90
Building size (sq ft): 4,825
Parking spots: 71
Description
Freestanding building with 71 parking spots and approved for construction.
The site is located immediately adjacent to the Wisconsin border, providing an excellent opportunity to take advantage of their restricted cannabis laws.
Zoned D-1, there is an additional 7.56 acres of land available with frontage and access along Lake Michigan, including 1.18 acres along 10th Street, providing a value-add opportunity for more commercial and residential development, including a range of uses: retail, office, industrial, hotel, single/multifamily housing, and many other uses that fall between those categories.
Located in a densely populated residential area, there is tremendous synergy in the immediate marketplace with several national/regional tenants.
Plenty of daytime traffic on heavily traveled 10th Street, which sees nearly 18,000+ vehicles per day.
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