For Sale
$575,000

525 Kalamazoo Ave Kalamazoo, MI 49007

Profitable, Established Cannabis Business

Overview

Added:
Dec 11, 2024
Days on market:
133
This thriving, established adult-use cannabis provisioning center in Kalamazoo, Michigan, is available for sale. The turnkey operation includes the existing license and a 2,674 square foot freestanding building situated on a 0.14-acre lot at 525 E Kalamazoo Ave, zip code 49007. Built in 1947, this single-story building is zoned CMU and enjoys a high-traffic location on East Kalamazoo Avenue, experiencing over 17,121 vehicles daily. The property benefits from its proximity to three major colleges/universities and a mix of national and local businesses, ensuring excellent visibility and foot traffic. The business has significant potential for increased sales through enhanced management strategies and the addition of delivery services. The occupancy date is October 2nd, 2024. This represents a rare opportunity to acquire a profitable, established cannabis business with significant growth potential in a prime Kalamazoo location. The asking price is $575,000.

Highlights

  • $575,000 asking price for this core investment opportunity.
  • 2,674 square foot retail cannabis provisioning center.
  • Located in prime downtown Kalamazoo, MI, near three major colleges/universities.
  • Freestanding building on East Kalamazoo Avenue with 17,121+ vehicles per day.
  • High-traffic location with a mix of national and local tenants, offering excellent exposure.

Property Details for 525 Kalamazoo Ave

Property type
Retail properties, Cannabis farms
Square Feet
2,674 SF
Year Built
1947
Buildings
1
Stories
1
Lot Size (sq. ft)
6,098 SF

Location Insight

City
Kalamazoo
County
Kalamazoo
State
Michigan
Latitude
42.2950258
Longitude
-85.5754259

FAQs

What type of property is this?
Retail property - Profitable, Established Cannabis Business
Where is the retail property located?
The property is located at 525 Kalamazoo Ave Kalamazoo, MI.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: $575,000 asking price for this core investment opportunity.; 2,674 square foot retail cannabis provisioning center.; Located in prime downtown Kalamazoo, MI, near three major colleges/universities.
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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525 Kalamazoo Ave
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