24703 River RdMount Clemens, MI 48043

Property Details for 24703 River Rd

Lot size

0.64 AC

Property size (Sq ft)

3,315 SF

Property type

Retail properties

Property subtype

Individual retail properties

Description

This exceptional Class A, freestanding retail property in Mount Clemens, Michigan, presents a unique investment opportunity. Located at 24703 N River Rd, this 3,315 square foot building sits on a 0.64-acre lot zoned IND-2 and is currently under construction for completion in Fall 2024. The property is a fully licensed adult-use provisioning center, one of only five currently approved in Mount Clemens, offering immediate operational readiness upon completion. The turnkey operation includes branding and inventory. Its strategic location at the I-94 Freeway North River Drive exit ramp provides unparalleled visibility to over 110,000 vehicles per day, maximizing exposure. Ample parking is ensured with 27 on-site spaces and an additional 30 spaces nearby. The property's position bordering Harrison and Clinton Townships, which prohibit provisioning centers, creates a significant market advantage and exclusivity. The asking price is $5,000,000 ($1,508.30/sq ft), and seller financing is available. Joint venture opportunities are also being considered. This is a rare chance to acquire a high-traffic, established cannabis dispensary in a highly desirable location.

Location Insight

City

Mount Clemens

County

Macomb

State

Michigan

Latitude

42.5927

Longitude

-82.8599

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