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Dispensary Approved Location For Sale
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1790 S U.S 23, East Tawas, MI 48730

Approved medical/recreational dispensary in Baldwin Twp with high traffic.

Property Size1,440 SF
Price / SF$69.44
Days on Market1609

Property Features for 1790 S U.S 23

General Information

Standard status Active
Size 1,440 SF
Property subtype Retail
Listing Agency: Global One Realty
Listed By: shawn baek · License #MI 6505350917
Source: Crexi
Added: Mar 27, 2022 Changed: Aug 19 Last Checked: Aug 20 at 9:25AM

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 Global One Realty

Investment Insights

Based on property information with market context.

This location, situated in Baldwin Twp, is approved for a medical and recreational dispensary. The property benefits from significant exposure to US23 and a high traffic volume exceeding 10,000 cars per day. The site is one of six dispensary licenses in a popular tourist area, with three currently operating. Construction plans are in place for the municipally approved facility. The property size is 1440 square feet. The price is negotiable.

Key Highlights

  • Municipally approved with construction plan in place for medical/recreational dispensary.
  • One of 6 dispensary licenses in a popular tourist area.
  • High traffic location with over 10k cars/day.

Property Analytics

Current Use

Retail space

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 48730, MI

4,443
Population
3,536
Households
1.3
Avg Household Size
55
Median Age
24%
College-Educated
94%
High-School Grad
81.5 sq mi
ZIP Area
55
Density / Sq Mi
$48,993
Median Household Income
$31,478
Median Earnings
$608
Median Rent
$139,900
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?
Retail space - Approved medical/recreational dispensary in Baldwin Twp with high traffic.
Where is this retail space located?
The property is located at 1790 S U.S 23 East Tawas, MI.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Municipally approved with construction plan in place for medical/recreational dispensary.; One of 6 dispensary licenses in a popular tourist area.; High traffic location with over 10k cars/day.
More about this property
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