Property summary
This exceptional Muskegon Heights, MI property presents a unique investment opportunity encompassing both a thriving adult-use cannabis retail business and the underlying real estate. The 9,000 square foot building, constructed in 1965 and extensively renovated in 2021, sits on a 0.92-acre corner lot offering high visibility and easy access. The retail space itself totals 1,645 square feet, complemented by ample parking (10 spaces) and two convenient loading docks. The building features a 22-foot ceiling height and is zoned for industrial use. The property is offered for sale as a combined business and real estate package, or the real estate may be leased separately under a NNN lease agreement. The property includes two units, and the building is a single-story structure. This turnkey operation is situated in Muskegon County, MI, at 2240 Glade St, 49444, providing an established business with significant growth potential. The property's strategic location ensures high traffic counts, maximizing exposure and profitability. This is a rare opportunity to acquire a successful, established business with its associated real estate.
Property profile
VerifiedCap rate & NOI
Current use
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Trade Show Venue (Bike/Boat/Book/etc) Store
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(Bike/Boat/Book/etc) Store
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(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Muskegon market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C3-HWY · Muskegon, MIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C3-HWY in Muskegon, MI.
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Find the owner behind the property.
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