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    OFF-MARKET
    Retail properties & Spaces

    26674 Liberal St, Center Line, MI 48015

    7,000 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a vacant, 7,000-square-foot recreational cannabis dispensary in Center Line, Michigan. Located at 26674 Liberal St, this municipally approved provisioning center boasts a prime location just half a mile from the heavily trafficked intersection of I-696 and Mound Road, ensuring high visibility and accessibility. The property sits on nearly an acre, offering ample parking potential. Existing permits for MMFL Provisioning and MRTMA Class C Grow are included in the sale, along with approved site plans that allow for expansion. The building's current 7,000 square feet can be expanded by an additional 10,000 square feet, providing significant growth opportunities. This strategic location offers convenient access to key markets in metro Detroit and Oakland County, within a 15-20 minute drive. The property benefits from a high daily traffic count exceeding 100,000 vehicles and serves a population of over 508,000 within a five-mile radius. The asking price is $1,495,000, translating to $213.57 per square foot. Seller financing is available for qualified buyers. This turnkey operation includes all necessary municipal permits and approved site plans, making it a truly unique and lucrative investment.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 7,000 SF
    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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