CannaMLS ID: 22099
Created | Updated
Price
$ 1,000,000
Adult-Use Cannabis Dispensary & Manufacturing for sale in St. Joseph, MI. Green zone, high-traffic border town. Real estate not included.
Property is: For sale
Property type: Retail
Purchase price: $ 1,000,000
Lot size (acres): 1.38
Building size (sq ft): 8,080
Property is: For sale
Property type: Retail
Purchase price: $ 1,000,000
Lot size (acres): 1.38
Building size (sq ft): 8,080
This offering includes an Adult-Use Retail License and Leasehold Rights. The long-term lease is priced at $7,000 per month + NNN.
This property sees 16,295+ vehicles per day, providing excellent exposure and traffic.
Positioned in an inline unit in a shopping center, there is great co-tenancy for additional traffic and synergy to the site.
The site is in immediate proximity to the Indiana border, presenting a unique chance to establish a strong presence in a high-demand market.
Opportunity to maintain the existing cash flow and increase sales under amplified day-to-day management and existing employee retention. All that is missing is new branding and inventory.
The shopping center, with one current 1,606 SF vacancy, may be available to be purchased on an income approach at a to-be determined value.
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