Freestanding Cannabis Retail
3843 N Euclid Ave Bay City, MI 48706
For Sale
$749,999
Freestanding building with curb cut access and 30 on-site parking spaces, with an included adult-use provisioning license and business.
Property Size5,650 SF
Price / SF$132.74
Days on Market259
Property Features for 3843 N Euclid Ave
General Information
- Standard status
- Active
- Size
- 5,650 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2025
Listing Agency:
C3 CRE, LLC
(248) 220-1110
Listed By:
Corbin Yaldoo · License #6502431997
(248) 220-1110
Source:
Cpix.resimplifi
Added: Nov 6, 2025
Changed: Jul 23
Last Checked: Jul 23 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 C3 CRE, LLC
Investment Insights
Based on property information with market context.
Operating adult-use provisioning center available for sale, including the retail license/business and the real estate. The freestanding building is configured for retail use and also includes excess space that an operator can occupy or lease for a processing license.
The property provides curb-cut access along the main road and has 30 on-site parking spaces. The site is positioned on heavily traveled North Euclid Avenue, which averages approximately 20,617+ vehicles per day, supporting high daytime visibility.
The sale includes the existing operating setup, with the materials provided noting that new branding and inventory would be the primary items needed to support sales growth under continued management and employee retention.
The property provides curb-cut access along the main road and has 30 on-site parking spaces. The site is positioned on heavily traveled North Euclid Avenue, which averages approximately 20,617+ vehicles per day, supporting high daytime visibility.
The sale includes the existing operating setup, with the materials provided noting that new branding and inventory would be the primary items needed to support sales growth under continued management and employee retention.
Key Highlights
- Year built 2025 freestanding adult‑use provisioning center operating unit available for sale
- Includes adult‑use provisioning retail license/business, plus real estate
- Operator can occupy or lease excess space for a processing license
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $67.8k | $12.00 |
| − Vacancy | −$8.1k | −$1.44 |
| EGI | $59.7k | $10.56 |
| − OpEx | −$17.9k | −$3.17 |
| NOI | $41.8k | $7.39 |
5,650 SF · lease $12.00/SF/yr · vacancy 12.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$596.6K
$522.1K – $696.1K
NOI $41,765 @ 7.0% cap · market cap 5.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.02M
$895.0K – $1.19M
NOI $71,597 @ 7.0% cap · market cap 9.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Dispo Weed Dispensary ...
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Cannabis property - Freestanding building with curb cut access and 30 on-site parking spaces, with an included adult-use provisioning license and business.
Where is this cannabis property located?
The property is located at 3843 N Euclid Ave Bay City, MI.
What is the asking price?
The asking price for this property is $749,999.
What are key features of this property?
This property features: Year built 2025 freestanding adult‑use provisioning center operating unit available for sale; Includes adult‑use provisioning retail license/business, plus real estate; Operator can occupy or lease excess space for a processing license
