0 0000, Warren, MI 48088
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.