Cannabis Property with Included
For Sale
$190,000
1405 Wright Avenue, Alma, MI 48801
Freestanding former pizza shop with central air, parking, and an existing recreational cannabis license included in the sale.
Property Size2,400 SF
Price / SF$79.17
Days on Market11
Property Features for 1405 Wright Avenue
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Retail
Amenities
Central Air
3
Tile
Parking.
Lot.
113 x 239 x 117 x 240
Freestanding. Public Roads.
Building Details
Year Built
1970
Listing Agency:
CENTURY 21 LEE-MAC REALTY
(989) 737-3927
Listed By:
Bob Fall · License #6506049037
(989) 737-3927
Source:
Xome
Added: Aug 1
Changed: Aug 10
Last Checked: Aug 11 at 4:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 LEE-MAC REALTY
Investment Insights
Based on property information with market context.
Located at 1405 Wright Avenue in Alma, Michigan, this freestanding commercial property contains 2,400 SF and was built in 1970. The building previously operated as a pizza shop and includes central air, tile, and on-site parking. Its existing interior arrangement can support remodeling for a recreational cannabis dispensary, including areas for product display, customer consultation, and checkout.
The sale includes the recreational cannabis license with the real estate; the license is not offered separately. The property is served by public roads and occupies a lot measuring 113 x 239 x 117 x 240.
The sale includes the recreational cannabis license with the real estate; the license is not offered separately. The property is served by public roads and occupies a lot measuring 113 x 239 x 117 x 240.
Key Highlights
- 2,400 SF freestanding commercial property built in 1970
- Recreational cannabis license included with the real estate sale
- Former pizza shop layout suitable for remodeling
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
649
Businesses Nearby
201k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 44%
Groceries 27%
Shops & Services 17%
Home Improvements & Furnishings 10%
Meijer
Groceries
53,531 visits/mo
0.5 miles
McDonald's
Dining
23,307 visits/mo
0.2 miles
Tractor Supply Co.
Home Improvements & Furnishings
15,583 visits/mo
0.3 miles
Taco Bell
Dining
15,093 visits/mo
0.4 miles
Burger King
Dining
13,950 visits/mo
0.3 miles
Demographics for 48801, MI
13,006
Population
5,408
Households
2.4
Avg Household Size
34
Median Age
28%
College-Educated
95%
High-School Grad
70.8 sq mi
ZIP Area
184
Density / Sq Mi
$57,449
Median Household Income
$30,146
Median Earnings
$795
Median Rent
$120,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Cannabis property - Freestanding former pizza shop with central air, parking, and an existing recreational cannabis license included in the sale.
Where is this cannabis property located?
The property is located at 1405 Wright Avenue Alma, MI.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: 2,400 SF freestanding commercial property built in 1970; Recreational cannabis license included with the real estate sale; Former pizza shop layout suitable for remodeling
