1885 Us-23East Tawas, MI 48730

For Sale
$350,000

Turnkey Cannabis Provisioning Center, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a thriving adult-use cannabis provisioning center in East Tawas, Michigan. Located on US-23, this 1,812 square foot facility sits on a 1.2-acre lot in a high-traffic retail area, ensuring excellent visibility and accessibility for customers. The property boasts a unique architectural design and a high-quality, recently renovated build-out (2019), setting it apart from competitors. The building itself dates back to 1960, but has undergone significant improvements. This turnkey operation is ready for immediate business, eliminating the need for extensive setup and allowing for a seamless transition for the new owner. Included in the sale is the existing operating license, minimizing the hurdles associated with entering the cannabis industry. The asking price is $350,000, translating to $193.16 per square foot. 2023 property taxes were $4,155.16. Seller financing is available, making this an attractive proposition for qualified buyers. This is a rare chance to acquire an established, profitable business with significant growth potential in a prime location. Don't miss this opportunity to own a successful and well-positioned cannabis provisioning center.

Highlights

  • 1,812 SF adult-use cannabis provisioning center on a 1.2-acre lot.
  • Approved for cannabis delivery services.
  • 2023 property taxes: $4,155.16.
  • Built in 1960, renovated in 2019.
  • Seller financing offered.

Location Insight

City
East Tawas
County
Iosco
State
Michigan
Latitude
44.293667
Longitude
-83.446171
1885 Us-23, East Tawas, Michigan

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1885 Us-23
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