Licensed and Operating Dispensary - Downtown Cheboygan
Retail-Commercial
for Sale
| Catylist Listing ID: |
30802909 |
| Property Subtypes: |
Free-Standing Building, Garden Center, Mixed Use, Retail-Pad, Street Retail, Other
|
| Building Size (RSF): |
1,500 SF
|
| Gross Land Area: |
0.14 Acres
|
| Sale Price: |
$1,100,000 |
| Unit Price: |
$733.33 PSF |
| Ceiling: |
13.5 ft. |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Business |
| Usable Size (USF): |
1,500 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/1/2022 |
Overview / Comments
Adorable operating downtown Recreational Marijuana Dispensary for sale! Completely renovated with modern finishes, 1,500 square feet, with both public and private parking. Located just 20 minutes from the Mackinaw Bridge, Cheboygan also limits the dispensary licenses to 6, so your competition is minimal.
This property is also available as a package deal with a permitted Class C grow warehouse located at 390 Riggs, Cheboygan, MI 49721.
|
Additional Details
| Nearest MSA: |
Detroit-Warren-Dearborn |
| County: |
Cheboygan |
| Taxing Authority: |
Cheboygan |
| Tax ID/APN: |
054-P39-002-002-00 |
| Zoning: |
CENTRAL BUSINESS | ALLOWABLE USE: DISPENSARY |
| Retail Clientele: |
General, Business, Traveler, Tourist, Recreation, Other |
| Feet of Frontage: |
65 |
| Number of Stories: |
1 |
| Year Built: |
1950 |
| Exterior Description: |
Type of Structure:Brick / Block Building | Type of Roof: Flat | Year Roof Update: |
| Interior Description: |
Electric, Gas, Water, Sewer | Type of Cooling: Central Air | Type of Heating: Forced Air | Type of Foundation: Concrete | Type of Plumbing: | | |
| Zoning Description: |
Central Business | Allowable Use: Dispensary |
| Lot Frontage: |
65 |
| Legal Description: |
LOT:7-8 DIST:51 CITY/MUNI/TWP:CITY OF CHEBOYGAN SEC/TWN/RNG/MER:SEC 31 TWN 038 RNG 01W SUPERVISOR J M PENNELL'S FIRST ADDITION TO THE CHEBOYGAN, LOTS 7 & 8, BLK 2.(SEC 31, T38N,R1W) |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,044 |
6,319 |
7,182 |
| Median Age: |
40.43 |
42.83 |
43.09 |
| Households: |
872 |
2,654 |
3,007 |
|
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