For Sale
$795,000

3392 Huron Rd Bay City, MI 48706

Profitable, renovated retail space.

Overview

Added:
Dec 11, 2024
Days on market:
133
This turnkey recreational dispensary in Bay City, Michigan, presents a unique investment opportunity. Located on a high-traffic corner lot (0.5 acres) with multiple curb cuts and over 25 parking spaces, this 2,000 square foot building boasts a prime location seeing over 6,500 cars daily. Completely renovated in 2020, the property includes the real estate, license, business, and goodwill. The business generated approximately $2 million in sales and $800,000 in gross profit in 2023. Inventory valued between $200,000 and $300,000 is available for purchase at cost. Seller financing is available for qualified buyers at market rates and terms. The asking price is $795,000, representing a price per square foot of $449.50. This fee-simple ownership opportunity is zoned for commercial use and offers significant potential for continued growth and profitability. The single-story building is situated on a highly visible corner, ensuring maximum exposure and accessibility for customers. This is a rare chance to acquire a successful, established business with significant assets and strong financial performance.

Highlights

  • Established retail operation.
  • Newly renovated in 2023.
  • 2023 sales exceeding $2 million; $800,000 gross profit.
  • Real estate included in sale.
  • High-visibility hard corner location with multiple curb cuts.
  • 25+ parking spaces.

Property Details for 3392 Huron Rd

Property type
Retail properties, Retail space
Square Feet
2,000 SF
Year Renovated
2020
Buildings
1
Stories
1
Lot Size (sq. ft)
21,780 SF
Units
1

Location Insight

City
Bay City
County
Bay
State
Michigan
Latitude
43.6408654
Longitude
-83.9306534

FAQs

What type of property is this?
Retail property - Profitable, renovated retail space.
Where is the retail property located?
The property is located at 3392 Huron Rd Bay City, MI.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Established retail operation.; Newly renovated in 2023.; 2023 sales exceeding $2 million; $800,000 gross profit.
How can I contact the broker?
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3392 Huron Rd
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