317 Mcdonnell StCorunna, MI 48817

For Lease
$865.80/SF/YR

Thriving Corunna, MI Retail Space

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional turn-key cannabis dispensary in Corunna, MI, presents a unique investment opportunity. Located at 317 S McDonnell St, this freestanding retail property boasts 1,664 square feet on a 0.34-acre lot, zoned for commercial use (APN: 026-10-042-007). Situated in the Owosso submarket of Mid-Michigan, its prime location along a busy state highway ensures high visibility and accessibility. The property includes a fully operational, state-approved setup, ready for immediate operation. The interior is meticulously designed to meet all regulatory requirements, and the infrastructure is fully compliant. This dispensary operated successfully from February to December 2023, achieving an average daily sales volume of $3,000. The sale includes both the existing municipal license and the real estate, offering a seamless transition for the new owner. This represents a significant opportunity to capitalize on the growth of Michigan's cannabis market. The property is single-tenant and offers immediate occupancy. This is a rare opportunity to acquire a profitable, established business with significant growth potential in a desirable location. The property is located in the Mid-Michigan submarket cluster, within the city of Corunna, MI, zip code 48817.

Highlights

  • Turnkey dispensary ready for immediate operation.
  • Lease includes a municipal adult-use retailer license.
  • High-visibility location on a state highway.

Unit(s) available at that property

Space
Size
1,664 SF
Rate per SF
$865.80

Location Insight

City
Corunna
County
Shiawassee
State
Michigan
Latitude
42.976889577634
Longitude
-84.114967948939
317 Mcdonnell St, Corunna, Michigan
Leaflet | © OpenStreetMap contributors

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317 Mcdonnell St
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