For Sale
$650,000

1525 Broadway St Bay City, MI 48708

Turnkey Cannabis Business, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional opportunity presents a fully operational, state-licensed adult-use marijuana dispensary in Bay City, Michigan, for sale. The business, real estate, and all licensing are included in the asking price of $650,000. Located at 1525 Broadway St, this 345-square-foot retail space sits on a 5,227-square-foot lot and boasts 15 parking spaces, designed to accommodate drive-thru capabilities for efficient customer service. Built in 1952 and extensively renovated in 2022, the single-story building is zoned for Commercial Retail A/C and currently enjoys 100% occupancy. The property's prime location in a rapidly developing area of Bay City offers significant growth potential. Minimal utility costs contribute to the high profitability of this established business. This turnkey operation is ideal for an individual or company looking to enter or expand within the thriving Michigan cannabis market. The property's APN is 160-033-304-006-00. This is a rare opportunity to acquire a profitable, established business with significant upside. The price per square foot is $1,884.06.

Highlights

  • Fully licensed and operational adult-use marijuana dispensary in Bay City, MI.
  • $650,000 asking price includes business, real estate, and all licensing.
  • 345 sq ft retail space on a 5,227 sq ft lot with 15 parking spaces and drive-thru capability.
  • Turnkey operation in a rapidly developing area with significant growth potential and low utility costs.

Property Details for 1525 Broadway St

Property type
Retail properties
Square Feet
345 SF
Year Built/Renovated
1952/2022
Buildings
1
Stories
1
Units
1

Location Insight

City
Bay City
County
Bay
State
Michigan
Latitude
43.571797735721
Longitude
-83.893523105056

FAQs

What type of property is this?
Retail property - Turnkey Cannabis Business, High ROI
Where is the retail property located?
The property is located at 1525 Broadway St Bay City, MI.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Fully licensed and operational adult-use marijuana dispensary in Bay City, MI.; $650,000 asking price includes business, real estate, and all licensing.; 345 sq ft retail space on a 5,227 sq ft lot with 15 parking spaces and drive-thru capability.
How can I contact the broker?
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1525 Broadway St
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