0 0000Warren, MI 48088

For Sale
$2,000,000

Licensed Building, High-Growth Potential

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional investment opportunity presents a fully licensed marijuana dispensary building in Warren, Michigan. Strategically located on a prime site bordering Troy, this property enjoys a unique competitive advantage due to its distance from other dispensaries. The building is currently operating under a medical license, with issuance expected by the end of September. Following the medical license approval, recreational licenses are anticipated to be granted to existing medical licensees shortly thereafter. This presents a timely and lucrative opportunity for investors. The asking price is $2,000,000, with a required down payment of $1,000,000 to $1,500,000. The property's address is in Warren, Macomb County, Michigan, zip code 48088. This is a rare chance to acquire a thriving business in a rapidly expanding market with significant growth potential. The location's proximity to Troy further enhances its appeal and accessibility. Don't miss this chance to secure a leading position in the Michigan cannabis industry. Act quickly, as this opportunity is expected to generate significant interest.

Highlights

  • Licensed marijuana dispensary building for sale in a prime Warren, MI location bordering Troy, with no nearby competition.
  • Medical license expected by end of September, with recreational license to follow for existing medical licensees.
  • $1-1.5 million down payment required.
  • Asking price: $2,000,000.

Location Insight

City
Warren
County
Macomb
State
Michigan
Latitude
42.5222495
Longitude
-82.9824121
0000, Warren, Michigan

FAQs

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