For Sale
$350,000

1885 Us-23 East Tawas, MI 48730

Turnkey Cannabis Provisioning Center, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
138
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.

Property Details for 1885 Us-23

Property type
Specialty properties
Square Feet
1,812 SF

Location Insight

City
East Tawas
County
Iosco
State
Michigan
Latitude
44.293667
Longitude
-83.446171

FAQs

What type of property is this?
Specialty property - Turnkey Cannabis Provisioning Center, High Traffic Area
Where is the specialty property located?
The property is located at 1885 Us-23 East Tawas, MI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 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.
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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1885 Us-23
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