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    16865 Penrod Dr Clinton Township, MI 48035

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    For Sale
    $59,900

    Profitable smoke shop business for sale with growth potential.

    Building Details

    Year built
    2023

    Source: CRK Realty Agent Kay Kasshamoun

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Smoke Shop Business Opportunity

    This is a newly opened smoke shop business for sale, featuring 1350 square feet of floor space. The business offers a variety of cigars, cigarettes, and other tobacco products, as well as lottery, wine, and seven cooler doors of beer. A cigar showcase with a humidifier is present. The business has potential for growth. Current hours of operation are Monday through Saturday from 10 AM to 8 PM; the business is closed on Sundays. The lease is a flat fee of $1,500, and the tenant is responsible for all utilities. There are two years remaining on the lease, which is negotiable. The asking price is $59,900, plus inventory. The seller is motivated. Note that only the business is for sale, not the property itself.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Sweet Rose Bakery and Blooms

    Location Insight

    • Map
    • Local Demand
    City
    Clinton Township
    County
    Macomb
    State
    Michigan
    Longitude
    -82.94949
    Latitude
    42.563232

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    FAQs

    What type of property is this?
    Storefront property - Profitable smoke shop business for sale with growth potential.
    Where is this storefront property located?
    The property is located at 16865 Penrod Dr Clinton Township, MI.
    What is the asking price?
    The asking price for this property is $59,900.
    What are key features of this property?
    This property features: - Established smoke shop business with diverse product offerings.; - 1350 sqft of floor space provides ample room for operations.; - Includes a cigar showcase with a humidifier.
    (248) 755-0811
    Request Owner's contact information
    16865 Penrod Dr Clinton Township, MI 48035
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16865 Penrod Dr Clinton Township, MI 48035
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