Cannabis Dispensary Property with Included
For Sale
$190,000
1405 Wright Avenue, Alma, MI 48801
Commercial, Alma, MI
Property Size2,400 SF
Lot Size0.63 Acres
Price / SF$79.17
Days on Market47
Property Features for 1405 Wright Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Parking features
Parking Lot
Exterior features
Aluminum, Brick
Lot features
Freestanding
Directions
N. on Wright from Superior.
Subdivision
Gratiot
Standard status
Active
Size
2,400 SF
Lot size
0.63 Acres
Taxes and HOA fees
Tax Description
COM AT A POINT 485' S OF THE NE COR OF SEC 33-12-3 AND 43' W OF THE E LINE OF SAID SEC. THE W 240', S 115', E 240', N 115' TO POB.
Legal Description
COM AT A POINT 485' S OF THE NE COR OF SEC 33-12-3 AND 43' W OF THE E LINE OF SAID SEC. THE W 240', S 115', E 240', N 115' TO POB.
Building Details
Building materials
Frame
Roof type
Tile
Listing Agency:
CENTURY 21 LEE-MAC REALTY
(989) 463-6085
Listed By:
Bob Fall · License #6501436188
(989) 737-3927
Added: Aug 4
Changed: Sep 3
Last Checked: Sep 19 at 10:06AM
MLS# 1948860
Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 1405 Wright Avenue in Alma, Michigan, this 2,400-square-foot commercial property includes a license conveyed with the real estate. The building previously operated as a pizza shop and features an existing storefront, parking lot, tile roof, aluminum and brick exterior elements, and frame construction.
The 0.63-acre site is positioned along a route serving nearby fast-food and shopping destinations, with access from major roads and highways. Storefront signage opportunities provide a visible presence for the property, while the existing commercial layout offers a foundation for redevelopment as a cannabis retail facility.
The 0.63-acre site is positioned along a route serving nearby fast-food and shopping destinations, with access from major roads and highways. Storefront signage opportunities provide a visible presence for the property, while the existing commercial layout offers a foundation for redevelopment as a cannabis retail facility.
Key Highlights
- Cannabis license included with the sale of the real estate
- 2,400 square feet of commercial building area
- 0.63‑acre site in Alma, MI
Property Analytics
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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
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Cannabis property - The sale includes a license tied to the real estate, along with an existing storefront and parking lot.
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: Cannabis license included with the sale of the real estate; 2,400 square feet of commercial building area; 0.63‑acre site in Alma, MI
