1790 S East Tawas, MI 48730
- Retail properties
- 1,440 SF
- 0.27 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1790 S
- Lot size
- 0.27 lot acres
- Property size
- 1,440 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This 1,440 square foot storefront, located at 1790 S U.S. 23 in East Tawas, Michigan (48730), is a fully approved and permitted medical and recreational marijuana dispensary. Situated on a 0.27-acre lot, this property boasts excellent visibility and high traffic counts exceeding 10,000 vehicles daily due to its prime location on US-23, a major thoroughfare. The asking price is $100,000, translating to $69.44 per square foot. Construction plans are already in place, making this a turnkey opportunity. This dispensary holds one of only six licenses in this popular tourist destination, with three currently operating. The municipality has already approved the business plan, significantly reducing the hurdles for a new owner. This presents a unique chance to acquire a profitable, established business in a high-demand market with minimal setup time and costs. Serious inquiries are encouraged; the price is negotiable.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- East Tawas
- County
- Iosco
- State
- Michigan
- Longitude
- -83.4506
- Latitude
- 44.2921
