0000 Warren, MI 48088
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 0 0000
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a fully licensed marijuana dispensary building in Warren, Michigan. Strategically located on a prime site bordering Troy, this property enjoys a unique competitive advantage due to its distance from other dispensaries. The building is currently operating under a medical license, with issuance expected by the end of September. Following the medical license approval, recreational licenses are anticipated to be granted to existing medical licensees shortly thereafter. This presents a timely and lucrative opportunity for investors. The asking price is $2,000,000, with a required down payment of $1,000,000 to $1,500,000. The property's address is in Warren, Macomb County, Michigan, zip code 48088. This is a rare chance to acquire a thriving business in a rapidly expanding market with significant growth potential. The location's proximity to Troy further enhances its appeal and accessibility. Don't miss this chance to secure a leading position in the Michigan cannabis industry. Act quickly, as this opportunity is expected to generate significant interest.
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
- Warren
- County
- Macomb
- State
- Michigan
- Longitude
- -82.9824
- Latitude
- 42.5223
