317 Mcdonnell StCorunna, MI 48817

For Sale
$499,900

Turn-key, high-revenue Michigan dispensary

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional turn-key cannabis dispensary, located at 317 S McDonnell St, Corunna, MI 48817, presents a lucrative investment opportunity. Situated on a 0.34-acre lot (APN 026-10-042-007) in a prime commercial location along a busy state highway, this 1,664 square foot, single-story building (Class B) offers unparalleled visibility and accessibility. Built in 2004 and renovated in 2023, the property boasts a fully operational setup, ready for immediate occupancy on May 13, 2024. The asking price is $499,900 ($300.42/sq ft). Included in the sale is the existing state and local licenses, allowing for a seamless transition for the new owner. The property's previous operation (February-December 2023) demonstrated strong performance, averaging $3,000 in daily sales. The permitted commercial zoning ensures a stable and secure investment. This is a rare opportunity to acquire a thriving, established business with all the necessary infrastructure in place for immediate success in the burgeoning Michigan cannabis market. The property is vacant and ready for a new owner to take over. All aspects of the business are included in the sale price.

Highlights

  • Turn-key cannabis dispensary in Corunna, MI.
  • Includes existing state and local licenses.
  • Located on a busy state highway with high visibility.

Property Details for 317 Mcdonnell St

Property type
Other retail properties, Individual retail properties
Square Feet
1,664 SF
Class
B
Year Built/Renovated
2004/2023
Buildings
1
Stories
1
Lot Size (sq. ft)
14,810 SF

Location Insight

City
Corunna
County
Shiawassee
State
Michigan
Latitude
42.97689124
Longitude
-84.1148435
317 Mcdonnell St, Corunna, Michigan

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317 Mcdonnell St
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