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Restaurant Building with Cannabis License
For Sale
$1,500,000

45258 WOODWARD AVE, Pontiac, MI 48341

Former restaurant building with an included adult-use cannabis license, offered for sale with showings by appointment.

Property Size1,584 SF
Price / SF$946.97
Days on Market145

Property Features for 45258 WOODWARD AVE

General Information

Standard status Active
Size 1,584 SF
Property subtype Industrial

Additional Details

Business Included Yes
Liquor License Yes

Amenities

3
179205195127

Building Details

Year Built 19
Listing Agency:
Listed By: Knockout Real Estate
Source: Xome
Added: Mar 18 Changed: Aug 8 Last Checked: Aug 9 at 4:29AM

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 Knockout Real Estate

Investment Insights

Based on property information with market context.

This property is a commercial building that was formerly used as a restaurant and is being offered for sale with an adult-use cannabis license included. The seller also notes the option for a discounted price without the license, and all showings are by appointment.

The building is located on Woodward Avenue and is described as being across from M1 Concourse.

The offering is positioned for an operator looking to build from an existing restaurant-ready space, with the cannabis license included as part of the stated package.

Key Highlights

  • Former restaurant building on Woodward across from M1 Concourse
  • Adult‑use cannabis license included with the sale
  • Also available at a discounted price without the license

Property Analytics

Current Use

MTonysTacos Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Law Firm Big Box & Wholesale Store Auto Repair Shop

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

Lease Details

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

881
Businesses Nearby
24k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 74% Shops & Services 26%
McDonald's Dining
17,988 visits/mo 0.1 miles
Sunoco Shops & Services
6,336 visits/mo 0.1 miles

Demographics for 48341, MI

16,980
Population
8,601
Households
2
Avg Household Size
38
Median Age
24%
College-Educated
86%
High-School Grad
6.7 sq mi
ZIP Area
2,534
Density / Sq Mi
$46,185
Median Household Income
$34,200
Median Earnings
$917
Median Rent
$124,600
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Former restaurant building with an included adult-use cannabis license, offered for sale with showings by appointment.
Where is this conventional restaurant located?
The property is located at 45258 WOODWARD AVE Pontiac, MI.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Former restaurant building on Woodward across from M1 Concourse; Adult‑use cannabis license included with the sale; Also available at a discounted price without the license
More about this property
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