Cannabis Properties

Center Line, MI Cannabis Properties for Sale

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Warren, MI Detroit, MI Madison Heights, MI Eastpointe, MI Roseville, 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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1 active listing matches your search: Cannabis Property for sale in Center Line, MI. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 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

$329,000
4,800 sqft 0.25 AC lot

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

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Approved Cannabis Operations Building
Approved Cannabis Operations Building

12525 E 9 Mile Rd, Warren, MI 48089

$250,000
3,500 sqft

Green-zone building approved for cannabis cultivation, processing, provisioning, distribution, and light manufacturing uses.

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Licensed Dispensary with Drive-Through
Licensed Dispensary with Drive-Through

5540 E 8 Mile Road, Detroit, MI 48091

$1,299,000
3,800 sqft

A licensed operation includes a secured reception area, customer drive-through access, and dedicated storage.

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Licensed Cannabis Dispensary with Drive-Through
Licensed Cannabis Dispensary with Drive-Through

5540 E 8 Mile, Detroit, MI 48234

$1,299,000

The approximately one-acre site includes a new cement parking lot and a secured customer reception area.

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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)

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