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$2,999,999
Est. payment /mo
1,640 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,640 sqft
Price per Sqft $1,829
MLS Listing ID 20250027788
Originating Board Realcomp
Year Built 1959
Property Sub-Type Business
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 Genesee County - 10
Zoning Light Industrial
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Sewer Public
Water Public
Schools
School District Genesee
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Listed by C3 CRE, LLC