Cannabis Properties

Center Line, MI Cannabis Properties for Sale

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Warren, MI Detroit, MI Madison Heights, MI Roseville, MI Eastpointe, MI Hazel Park, MI Sterling Heights, MI Hamtramck, MI
Former Cannabis Dispensary and Grow Facility
Updated: Aug 5
Former Cannabis Dispensary and Grow Facility

23896 Sherwood Avenue, Center Line, MI 48015

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25,480 sqft
25,480 square feet of total building area
Former marijuana dispensary and grow facility
Multiple grow rooms included
Separate non‑marijuana warehouse component
2.5‑acre fenced property
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Center Line, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Cannabis Property with 3-Phase Power
Cannabis Property with 3-Phase Power

24280 Mound Road, Warren, MI 48091

$349,000
4,800 sqft 0.25 AC lot

M-2-zoned facility with prior Green Zone approval and public water service.

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Green Zone Cannabis Property
Green Zone Cannabis Property

24280 Mound Rd, Warren, MI 48091

$349,000
4,800 sqft

M-2-zoned property with prior grow-facility use and three-phase power.

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Warehouse with Pole Barn
Warehouse with Pole Barn

5010 S M 106, Stockbridge, MI 49285

$849,900
5,000 sqft 3.00 AC lot

Commercial warehouse on 3 acres with private well and septic, plus a 60 by 120 pole barn.

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Storefront Property with Pole Barn
Storefront Property with Pole Barn

5010 S M-106, Stockbridge, MI 49285

$849,900
7,400 sqft 3.00 AC lot

Commercial site combines leased occupancy, accessory storage, and well and septic service.

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Center Line, MI Cannabis Properties Market Trends and Statistics

Explore 1 cannabis properties for sale in Center Line, MI on our real estate platform. These investment opportunities span a total of 25,480 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Cannabis Properties 1

Demographics Overview

Population 8,448
Population Growth (5Y) +1.8%
Median Household Income $52,857
College Educated 25.2%

Taxes & Financing

Tax Rate (average for all types) 5.30%
Property Tax per SF $53.12 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Macomb County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Macomb County

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