302 Cedar StKalkaska, MI 49646

Property Details for 302 Cedar St

Property type

Other commercial real estate

APN

041-727-011-00

APU

4172701100

Description

This exceptional investment opportunity presents a fully operational, licensed adult-use cannabis provisioning center and consumption lounge in Kalkaska, Michigan. Located at 302 S Cedar St, this 9,000 square foot historical brick building boasts a prime corner lot in the downtown area. The first floor, meticulously renovated to meet current standards, houses a 2,575 square foot provisioning center and a 2,770 square foot consumption lounge, both equipped with a specialized air filtration system. The property also includes a dry basement, ideal for additional storage, offering significant operational advantages. The asking price is $650,000, translating to $72.22 per square foot. A significant feature is the inclusion of existing operating licenses, making this a truly turnkey operation. The second floor, comprising 4,500 square feet of vacant space, presents a substantial opportunity for future expansion or development, allowing for increased revenue streams or alternative uses. This property offers a unique blend of established business and significant growth potential in a thriving market. The property is situated in Kalkaska County, Michigan, zip code 49646.

Location Insight

City

Kalkaska

County

Kalkaska

State

Michigan

Latitude

44.7321

Longitude

-85.1779

CBSA code

45900

CBSA name

TRAVERSE CITY, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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