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    OFF-MARKET
    Commercial real estate

    0 0000, Warren, MI 48088

    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Commercial real estate
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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