18 Enterprise Dr, Vassar, MI 48768-9504
This exceptional turnkey cannabis business opportunity in Vassar, MI, presents a rare chance to acquire a thriving, established dispensary and cultivation facility. The 5,200 square foot, Class A building, constructed in 2000 and extensively renovated in 2022, sits on a 1.74-acre lot (APN: 051500610010000) and boasts a 16-foot ceiling height. The single-unit property, operating at 100% occupancy, features a fully equipped cultivation area with six rooms (clone, dry, veg, three flowering, and lab). The property includes all fixtures, furniture, and equipment (FF&E). Its prime location along a major highway in Tuscola County provides excellent visibility with a prominent monument sign. The business enjoys a strong market position as one of only five operating dispensaries in the immediate area, serving a dense residential population and benefiting from proximity to national tenants. The property offers two access points and ample parking, allowing for potential expansion. Financial records demonstrate consistent monthly sales growth. This is a unique opportunity to acquire a profitable, established business with significant growth potential. The asking price is $995,000 ($191.35/sq ft). Serious inquiries only.
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Sealin' Hatch LLC General Contractor Renovation Specialist
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Motor City Oasis - MCO (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.