401 Michigan AveYpsilanti, MI 48198

This 1,370 square foot storefront, located at 401 E Michigan Ave in Ypsilanti, Michigan, presents a unique investment opportunity. Built in 1940, this property sits on a 0.3-acre lot and is zoned for retail use. Currently operating as a municipally approved adult-use provisioning center, the sale includes both the license and real estate. Alternatively, the license can be purchased separately, with the real estate available via an Absolute NNN Lease. A build-to-suit construction model or tenant incentives are also options. The property's prime downtown Ypsilanti location offers exceptional visibility, benefiting from proximity to Eastern Michigan University, Washtenaw Community College, and IHA Trinity Health. Its walkable neighborhood boasts a mix of local and national retailers, surrounded by a high-density residential population. The asking price is $499,999, translating to $364.96 per square foot. This versatile property is ideal for both cannabis-related and traditional retail businesses, making it a highly attractive investment in a thriving Michigan community. The property's zip code is 48198, and it is situated in Washtenaw County.