MI
Oakland
Oakland Charter Township
48320
0 Undisclosed Address
0 Undisclosed Address, Oakland Charter Township, MI 48320
Share Listing
Listing Type
Commercial/Industrial
Listing Status
active
1
$3,500,000

Home Details for 0 Undisclosed Address

Price
$3,500,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
3537
Year built
2021
Lot size acres
0.48
County
Oakland
Garage
Days on site
71
MLS Listing#
20240053210
Property Description

Rare opportunity for a ?agship location! Located in the heart of one of Oakland County's high-income suburbs, it is one of a select few Provisioning Center's in the immediate area. Operating Adult-Use/Medical Provisioning Center available for sale -Business/License & real estate available. Buyer has the option to purchase the Business/License and lease the real estate. Approximately$1M +/- worth of inventory can be purchased separately.   Opened for business in late 2021, with a steady monthly increase in sales. This location is currently averaging approximately $600,000  per month in revenue and has room for improvement. Current ownership operates near a 45% gross pro?t margin, making this a more attractive value-add opportunity than the model of 30-40%gross pro?t margin for most other Michigan Provisioning Centers. Freestanding building that was brand-new ground-up construction before its opening in 2021.  The site includes 22 parking spaces, plus ample street parking, and a prime monument sign for excellent brand exposure. Great synergy in the immediate marketplace surrounded by a dense high-income residential population, as well as, several national/regional tenants.

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • None
  • Water Features
    • Public
Listing Courtesy: C3 CRE, LLC - 248-220-1110
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Median Listing Price
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Market statistics compiled from data from Michigan Regional Information Center.
EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
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