128 Main St, Marcellus, MI 49067-5102

This mixed-use property in Marcellus, MI, presents a unique investment opportunity. Priced at $120,000, this 2,464 square foot building, constructed in 1895 and renovated in 1995, sits on a 0.07-acre lot (APN: 14-051-531-006-60). Currently zoned for retail commercial use, it's fully licensed for cannabis dispensary operation, offering immediate access to the growing market. Its convenient location near the Indiana border provides access to a larger customer base. The property includes three units: a ground-floor commercial space ideal for a dispensary and two upper-level residential units, generating potential rental income. The building requires minimal outfitting for dispensary use. This owner-user investment offers dual revenue streams and the flexibility to customize the interior. Occupancy is available October 28, 2024. This is a Class C property with a prime location and significant upside potential. The property's proximity to Elkhart and Bristol, IN, further enhances its market appeal. The two additional residential units provide a valuable secondary income stream, making this a truly versatile investment. The property's history, combined with its current zoning and licensing, makes it a rare and attractive opportunity in the cannabis industry.