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Licensed Cannabis Property
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24703 N River Rd, Mount Clemens, MI 48043

Newly constructed provisioning center with real estate and operating license included.

Property SizeContact for details
Days on Market142

Property Features for 24703 N River Rd

General Information

Standard status Active
Property subtype Retail
Listing Agency: C3 CRE, LLC
Listed By: Charles Al-Sheikh · License #MI 6505432216
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 5:07AM

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 C3 CRE, LLC

Investment Insights

Based on property information with market context.

This cannabis property includes both the real estate and an adult-use provisioning center license. The facility is under construction as a new build and is planned for turnkey delivery by Fall 2024, with branding and inventory identified for the operating setup.

An oversized highway sign is positioned to reach traffic on I-94, which carries more than 110,000 VPD. The site is the first property visible from the North River Drive exit ramp when traveling onto the east side of the road. Parking includes 27 spaces on site, supplemented by 30 off-site spaces north of the Mobil Gas Station within less than a minute’s walk.

The property borders Harrison Township and Clinton Township, where provisioning centers are not permitted, while Mount Clemens has five currently approved licensed sites, including this location.

Key Highlights

  • Adult‑use provisioning center license included with the real estate
  • New construction planned for turnkey delivery by Fall 2024
  • Highway sign reaches I‑94 traffic exceeding 110,000+ VPD

Property Analytics

Current Use

Cannabis Properties

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Restaurant Big Box & Wholesale Store Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

295
Businesses Nearby
27k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 55% Shops & Services 45%
McDonald's Dining
13,943 visits/mo 0.1 miles
Exxon Shops & Services
9,889 visits/mo 0.1 miles
Extra Space Storage Shops & Services
1,362 visits/mo 0.0 miles
BP Shops & Services
876 visits/mo 0.1 miles
SUBWAY Dining
757 visits/mo 0.1 miles

Demographics for 48043, MI

15,665
Population
7,059
Households
2.2
Avg Household Size
41
Median Age
18%
College-Educated
88%
High-School Grad
4.1 sq mi
ZIP Area
3,821
Density / Sq Mi
$57,315
Median Household Income
$37,683
Median Earnings
$896
Median Rent
$169,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Cannabis property - Newly constructed provisioning center with real estate and operating license included.
Where is this cannabis property located?
The property is located at 24703 N River Rd Mount Clemens, MI.
What are key features of this property?
This property features: Adult‑use provisioning center license included with the real estate; New construction planned for turnkey delivery by Fall 2024; Highway sign reaches I‑94 traffic exceeding 110,000+ VPD
More about this property
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