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$ 2,999,999
Est. payment | /mo
1,640 SqFt
$ 2,999,999
Est. payment | /mo
1,640 SqFt
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 1,640 sqft
Price per Sqft $1,829
MLS Listing ID 60387574
Property Sub-Type Commercial/Industrial
Property Description
• Operating Adult Use Provisioning Center available for sale real estate not included. • 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 ?ve (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.
Location
State MI
County Genesee
Area Lennon (78024)
Zoning Industrial
Interior
Heating Forced Air
Building
Water Public Water
Others
Ownership Bank Owned
Energy Description Natural Gas
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by C3 CRE, LLC
"Professional service to our clients & customers is our #1 priority. With offices in Marinette, Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."