For Sale
$399,999

513 Cross St Ypsilanti, MI 48197

Profitable, established dispensary in prime location.

Overview

Added:
Dec 11, 2024
Days on market:
127
This thriving adult-use cannabis provisioning center, established in 1940 and renovated, is available for sale in Ypsilanti, Michigan. The 966 square foot building sits on a 0.02-acre lot and is zoned C. This is a rare opportunity to acquire a fully operational business with an existing license, in a high-traffic area directly across from Eastern Michigan University's campus and near Washtenaw Community College. The property benefits from its location in a walkable neighborhood with ample public parking nearby, surrounded by established local and national retailers. The asking price is $399,999, translating to $414.08 per square foot. This single-story building presents a strong investment opportunity for an owner-user seeking a core investment in a well-established, profitable business. The buyer has the option to purchase both the license and the business, or to lease the real estate separately. This is one of the first Michigan-approved provisioning centers to open in Ypsilanti, ensuring a strong track record and established customer base. The property's prime location and high visibility guarantee maximum exposure and continued success.

Property Details for 513 Cross St

Property type
Retail properties, Retail space
Square Feet
966 SF
Class
C
Year Built
1940
Buildings
1
Stories
1
Lot Size (sq. ft)
871 SF

Location Insight

City
Ypsilanti
County
Washtenaw
State
Michigan
Latitude
42.2455645
Longitude
-83.6196798
513 Cross St, Ypsilanti, Michigan

FAQs

What type of property is this?
Retail property - Profitable, established dispensary in prime location.
Where is the retail property located?
The property is located at 513 Cross St Ypsilanti, MI.
What is the asking price?
The asking price for this property is $399,999.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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513 Cross St
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