317 Mcdonnell St Corunna, MI 48817
- Retail properties
- 1,664 SF
- 0.34 lot acres
Current Use by Public Records
- Divine Force Ministries / Church
Property Details for 317 Mcdonnell St
- Lot size
- 0.34 lot acres
- Property size
- 1,664 SF
- Property type
- Retail properties
- Property subtype
- Freestanding property
Description
This exceptional turn-key cannabis dispensary in Corunna, MI, presents a unique investment opportunity. Located at 317 S McDonnell St, this freestanding retail property boasts 1,664 square feet on a 0.34-acre lot, zoned for commercial use (APN: 026-10-042-007). Situated in the Owosso submarket of Mid-Michigan, its prime location along a busy state highway ensures high visibility and accessibility. The property includes a fully operational, state-approved setup, ready for immediate operation. The interior is meticulously designed to meet all regulatory requirements, and the infrastructure is fully compliant. This dispensary operated successfully from February to December 2023, achieving an average daily sales volume of $3,000. The sale includes both the existing municipal license and the real estate, offering a seamless transition for the new owner. This represents a significant opportunity to capitalize on the growth of Michigan's cannabis market. The property is single-tenant and offers immediate occupancy. This is a rare opportunity to acquire a profitable, established business with significant growth potential in a desirable location. The property is located in the Mid-Michigan submarket cluster, within the city of Corunna, MI, zip code 48817.
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
- Corunna
- County
- Shiawassee
- State
- Michigan
- Longitude
- -84.115
- Latitude
- 42.9769
