For Sale
$499,900

317 Mcdonnell St Corunna, MI 48817

Turn-key, high-revenue Michigan dispensary

Overview

Added:
Dec 11, 2024
Days on market:
128
This exceptional turn-key cannabis dispensary, located at 317 S McDonnell St, Corunna, MI 48817, presents a lucrative investment opportunity. Situated on a 0.34-acre lot (APN 026-10-042-007) in a prime commercial location along a busy state highway, this 1,664 square foot, single-story building (Class B) offers unparalleled visibility and accessibility. Built in 2004 and renovated in 2023, the property boasts a fully operational setup, ready for immediate occupancy on May 13, 2024. The asking price is $499,900 ($300.42/sq ft). Included in the sale is the existing state and local licenses, allowing for a seamless transition for the new owner. The property's previous operation (February-December 2023) demonstrated strong performance, averaging $3,000 in daily sales. The permitted commercial zoning ensures a stable and secure investment. This is a rare opportunity to acquire a thriving, established business with all the necessary infrastructure in place for immediate success in the burgeoning Michigan cannabis market. The property is vacant and ready for a new owner to take over. All aspects of the business are included in the sale price.

Highlights

  • Turn-key cannabis dispensary in Corunna, MI.
  • Includes existing state and local licenses.
  • Located on a busy state highway with high visibility.

Property Details for 317 Mcdonnell St

Property type
Retail properties, Drug stores
Square Feet
1,664 SF
Class
B
Year Built/Renovated
2004/2023
Buildings
1
Stories
1
Lot Size (sq. ft)
14,810 SF

Location Insight

City
Corunna
County
Shiawassee
State
Michigan
Latitude
42.97689124
Longitude
-84.1148435
317 Mcdonnell St, Corunna, Michigan

FAQs

What type of property is this?
Retail property - Turn-key, high-revenue Michigan dispensary
Where is the retail property located?
The property is located at 317 Mcdonnell St Corunna, MI.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Turn-key cannabis dispensary in Corunna, MI.; Includes existing state and local licenses.; Located on a busy state highway with high visibility.
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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317 Mcdonnell St
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