1885 Us-23 East Tawas, MI 48730
- Specialty properties
- 1,812 SF
Current Use by Public Records
- Specialty properties
Property Details for 1885 Us-23
- Property size
- 1,812 SF
- Property type
- Specialty properties
Description
This exceptional investment opportunity presents a thriving adult-use cannabis provisioning center in East Tawas, Michigan. Located on US-23, this 1,812 square foot facility sits on a 1.2-acre lot in a high-traffic retail area, ensuring excellent visibility and accessibility for customers. The property boasts a unique architectural design and a high-quality, recently renovated build-out (2019), setting it apart from competitors. The building itself dates back to 1960, but has undergone significant improvements. This turnkey operation is ready for immediate business, eliminating the need for extensive setup and allowing for a seamless transition for the new owner. Included in the sale is the existing operating license, minimizing the hurdles associated with entering the cannabis industry. The asking price is $350,000, translating to $193.16 per square foot. 2023 property taxes were $4,155.16. Seller financing is available, making this an attractive proposition for qualified buyers. This is a rare chance to acquire an established, profitable business with significant growth potential in a prime location. Don't miss this opportunity to own a successful and well-positioned cannabis provisioning center.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- East Tawas
- County
- Iosco
- State
- Michigan
- Longitude
- -83.4462
- Latitude
- 44.2937
