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Key Facts

Type Businessand Real Estate
Levels Commercial Sale
Size 3537 sqft
Garage No
Maintenance Fees 
Taxes 
Days Active 24
Approx. Age 2021
Avg. Price Per Sqft $989
MLS® Number 20240053210

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Rare opportunity for a ?Agship location! Located in the heart of one of Oakland County's high-income suburbs, it is one of a select few Provisioning Center's in the immediate area. Operating Adult-Use/Medical Provisioning Center available for sale -Business/License & real estate available. Buyer has the option to purchase the Business/License and lease the real estate. Approximately$1M +/- worth of inventory can be purchased separately.   Opened for business in late 2021, with a steady monthly increase in sales. This location is currently averaging approximately $600, 000  per month in revenue and has room for improvement. Current ownership operates near a 45% gross pro?T margin, making this a more attractive value-add opportunity than the model of 30-40%gross pro?T margin for most other Michigan Provisioning Centers. Freestanding building that was brand-new ground-up construction before its opening in 2021.  The site includes 22 parking spaces, plus ample street parking, and a prime monument sign for excellent brand exposure. Great synergy in the immediate marketplace surrounded by a dense high-income residential population, as well as, several national/regional tenants.Show Description
MLS® Number20240053210
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2021
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatForced Air, Natural Gas
A/C
Heating Fuel

Extras

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