Licensed Provisioning Center For
For Sale
Contact for pricing
27877 Groesbeck Hwy, Roseville, MI 48066
Freestanding building with license, parking, and high-visibility frontage.
Property Size5,000 SF
Price / SF$280
Days on Market190
Property Features for 27877 Groesbeck Hwy
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Retail
Zoning
I-2
Investment Type
Value Add
Building Details
Year Built
1978
Buildings
1
Listing Agency:
C3 CRE, LLC
Listed By:
Charles Al-Sheikh · License #MI 6505432216
Source:
Crexi
Added: Feb 3
Changed: Aug 8
Last Checked: Aug 8 at 6:41AM
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 offering includes both the real estate and a municipal license for a provisioning center. The freestanding building features 40 parking spaces and monument signage, providing excellent brand visibility and access due to its main road frontage. This flagship store opportunity is located in a densely populated suburb within Macomb County. The retail market is capped with only six licenses issued. The property is situated on heavily traveled Groesbeck Highway, which sees a daily traffic count of 38,000 vehicles per day. It is also the closest dispensary location to I-696 freeway. The property is suitable for cannabis business. Sellers are open to creative deal structures and would consider a joint venture.
Key Highlights
- Municipal Licensed Provisioning Center - license and real estate included.
- High‑traffic location on Groesbeck Highway with 38,000 vehicles per day.
- Capped retail market with only six licenses issued.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
429
Businesses Nearby
108k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Shops & Services 43%
Home Improvements & Furnishings 2%
McDonald's
Dining
27,921 visits/mo
0.5 miles
Taco Bell
Dining
15,912 visits/mo
0.5 miles
7-Eleven
Shops & Services
12,285 visits/mo
0.5 miles
Marathon
Shops & Services
9,743 visits/mo
0.3 miles
BP
Shops & Services
8,540 visits/mo
0.5 miles
Demographics for 48066, MI
47,789
Population
22,116
Households
2.2
Avg Household Size
39
Median Age
15%
College-Educated
90%
High-School Grad
9.9 sq mi
ZIP Area
4,827
Density / Sq Mi
$61,222
Median Household Income
$38,978
Median Earnings
$1,175
Median Rent
$142,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Freestanding building with license, parking, and high-visibility frontage.
Where is this retail space located?
The property is located at 27877 Groesbeck Hwy Roseville, MI.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Municipal Licensed Provisioning Center - license and real estate included.; High‑traffic location on Groesbeck Highway with 38,000 vehicles per day.; Capped retail market with only six licenses issued.
