8314 Portage Rd Portage, MI 49002

Exceptional opportunity to acquire a profitable, established adult-use cannabis provisioning center in Portage, Michigan. This turnkey operation boasts 3,912 square feet of retail space in a freestanding building constructed in 1955, situated on a high-traffic section of Portage Road, experiencing over 50,000 vehicles daily. The property includes 21 parking spaces and prominent pylon signage ensuring maximum visibility. The business generated nearly $3.3 million in revenue during the past 12 months, demonstrating strong market performance. The building is zoned B-3 and features two stories. This is one of the first provisioning centers to open in the Portage/Kalamazoo market, benefiting from established brand recognition and customer loyalty. The sale includes the real estate. An adjacent 0.36-acre parcel at 8312 Portage Road, containing a 928 square foot building, is available for purchase at a separately negotiated price, offering potential for expansion of the parking lot, as indicated by the existing concept site plan. This presents a unique opportunity to acquire a successful, high-revenue-generating business with significant growth potential in a desirable location. The asking price for the main property is $999,888, representing a price per square foot of $255.60.