1525 Broadway St Bay City, MI 48708
- Commercial real estate
- 345 SF
Current Use by Public Records
- The Dime Shop / Cannabis Store
Property Details for 1525 Broadway St
- Year built
- 1952
- Property size
- 345 SF
- Property type
- Commercial real estate
- APN
- 160-033-304-006-00
Description
This exceptional opportunity presents a fully operational, state-licensed adult-use marijuana dispensary in Bay City, Michigan, for sale. The business, real estate, and all licensing are included in the asking price of $650,000. Located at 1525 Broadway St, this 345-square-foot retail space sits on a 5,227-square-foot lot and boasts 15 parking spaces, designed to accommodate drive-thru capabilities for efficient customer service. Built in 1952 and extensively renovated in 2022, the single-story building is zoned for Commercial Retail A/C and currently enjoys 100% occupancy. The property's prime location in a rapidly developing area of Bay City offers significant growth potential. Minimal utility costs contribute to the high profitability of this established business. This turnkey operation is ideal for an individual or company looking to enter or expand within the thriving Michigan cannabis market. The property's APN is 160-033-304-006-00. This is a rare opportunity to acquire a profitable, established business with significant upside. The price per square foot is $1,884.06.
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
- Bay City
- County
- Bay
- State
- Michigan
- Longitude
- -83.893523105056
- Latitude
- 43.571797735721
