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    525 Kalamazoo Ave Kalamazoo, MI 49007

    For Sale
    $575,000

    Profitable, Established Cannabis Business

    Property size:
    2,674 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This thriving, established adult-use cannabis provisioning center in Kalamazoo, Michigan, is available for sale. The turnkey operation includes the existing license and a 2,674 square foot freestanding building situated on a 0.14-acre lot at 525 E Kalamazoo Ave, zip code 49007. Built in 1947, this single-story building is zoned CMU and enjoys a high-traffic location on East Kalamazoo Avenue, experiencing over 17,121 vehicles daily. The property benefits from its proximity to three major colleges/universities and a mix of national and local businesses, ensuring excellent visibility and foot traffic. The business has significant potential for increased sales through enhanced management strategies and the addition of delivery services. The occupancy date is October 2nd, 2024. This represents a rare opportunity to acquire a profitable, established cannabis business with significant growth potential in a prime Kalamazoo location. The asking price is $575,000.

    Property Features for 525 Kalamazoo Ave

    General Information

    Property type
    Cannabis farms
    Square Feet
    2,674 SF
    Lot Size
    6,098 SF

    Building Details

    Year Built
    1947
    Buildings
    1
    Stories
    1

    HighLights

    • $575,000 asking price for this core investment opportunity.
    • 2,674 square foot retail cannabis provisioning center.
    • Located in prime downtown Kalamazoo, MI, near three major colleges/universities.
    • Freestanding building on East Kalamazoo Avenue with 17,121+ vehicles per day.
    • High‑traffic location with a mix of national and local tenants, offering excellent exposure.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    True Leaf Cannabis ... Cannabis Store

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kalamazoo
    County
    Kalamazoo
    State
    Michigan
    Longitude
    -85.5754259
    Latitude
    42.2950258

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    FAQs

    What type of property is this?
    Cannabis farm - Profitable, Established Cannabis Business
    Where is this cannabis farm located?
    The property is located at 525 Kalamazoo Ave Kalamazoo, MI.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: $575,000 asking price for this core investment opportunity.; 2,674 square foot retail cannabis provisioning center.; Located in prime downtown Kalamazoo, MI, near three major colleges/universities.
    Request Owner's contact information
    525 Kalamazoo Ave Kalamazoo, MI 49007
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    525 Kalamazoo Ave Kalamazoo, MI 49007
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