CannaMLS ID: 24769
Created | Updated
Price
$ 1,400,000
Seller financing available
Municipal licensed provisioning center for sale with seller financing available | 5,000 SF | 0.86 Acres
Address: 27877 Groesbeck Highway
Property is: For sale
Property type: Retail, Mixed use
Purchase price: $ 1,400,000
Zoning: I-2
Lot size (acres): 5,000
Building size (sq ft): 0.86
Address: 27877 Groesbeck Highway
Property is: For sale
Property type: Retail, Mixed use
Purchase price: $ 1,400,000
Zoning: I-2
Lot size (acres): 5,000
Building size (sq ft): 0.86
Municipal Approved Adult-Use Provisioning Center for sale - license and real estate included.
Freestanding Building that features 40 parking spaces and monument signage with main road frontage for excellent brand visibility and access.
Current ownership has completed extensive capital improvements and redesign of the site with an estimated amount of $750,000 that remains to complete the build-out for Certificate of Occupancy.
Flagship store opportunity in a capped retail Macomb County suburb, with only six (6) licensed approvals issued. The closest location to I-696 freeway and within immediate proximity to Macomb Community College.
Situated on heavily traveled Groesbeck Highway with a daily traffic count of 38,000+ vehicles per day.
Great synergy in the immediate marketplace surrounded by a dense residential population and several national/regional tenants.
The ownership group is open to creative deal structures and would consider a Joint Venture.
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