Retail Dispensary and Cultivation

Retail-Commercial for Sale
Catylist Listing ID: 30835000
Property Subtypes: Free-Standing Building, Other
Building Size (RSF): 5,200 SF
Gross Land Area: 1.74 - 1.75 Acres
Sale Price: $995,000
Unit Price: $191.35 PSF
Ceiling: 16 ft.
Property Use Type: Business
Building Name: Motor City Oasis -Dispensary and Cultivation
Usable Size (USF): 5,200 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage, Owner Financing, Other
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 9/16/2023

Overview / Comments

Operating Dispensary / Provisioning Center and attached Cultivation with room for expansion. Located in the heart of Tuscola County, and in only one of the five operating Dispensaries / Provisioning Centers in the immediate area. Operating Adult Use/Medical Dispensary / Provisioning Center for sale, including FF& E and real estate. Open and operating with steady monthly increase in sales. This location is equipped with a attached cultivation with 6 rooms including Clone Room, Dry Room, Veg Room, 3 Flowering Rooms and also a Lab Room. Freestanding building that was fully remodeled before opening. It has two access points to the site, along with so much parking and available average for events or expansion of the cultivation. A Prime location along major Highway through Tuscola County and includes prime monument sign for excellent brand exposure. Great synergy in the immediate marketplace surrounded by a dense residential population and several national tenants. Do not approach Employees, Owners or Customers and any attempt to do so will affect willingness of owner to negotiate or discuss. Contact Listing Broker for Information on Business Opportunity, Licensing etc.

REALTORĀ® Remarks: Do not approach Employees, Owners or Customers and any attempt to do so will affect willingness of owner to negotiate or discuss. Contact Listing Broker for Information on Business Opportunity, Licensing etc. Contact Elwood.Biz for information. Buyers will require proof of funds and State Licensing validation prior to discussions, showing or negotiations. Elwood.Biz, pllc 248-568-5958 https://Elwood.Biz

Additional Details

Nearest MSA: Flint
County: Tuscola
Submarket Type: Central Business District
Taxing Authority: Vassar
Tax ID/APN: 051500610010000
Zoning: CANNABIS DISPENSARY AND CULTIVATION MEDICAL MARIJUANA AND ADULT US RECREATIONAL MARIJUANA
Retail Clientele: General, Family, Business, Recreation, Other
Property Located Between: Downtown Vassar Just East on E. Huron Ave/W Saginaw Rd
Property Visibility: Excellent
Largest Nearby Street: E. Huron Ave & W Saginaw Rd
Feet of Frontage: 600
Highway Access: Less than 1 Mile from M15 Less than 2 Miles from M46
Site Description: Operating Despensary / Provisioning Center and attached Cultivation with room for expansion. Located in the heart of Tuscola County, and in only one of the five operating Dispensaries / Provisioning Centers in the immediate area.
Area Description: Located in the heart of Tuscola County, and in only one of the five operating Dispensaries / Provisioning Centers in the immediate area. Operating Adult Use/Medical Dispensary / Provisioning Center for sale, including FF& E and real estate. Operating Despensary / Provisioning Center and attached Cultivation with room for expansion. Located in the heart of Tuscola County, and in only one of the five operating Dispensaries / Provisioning Centers in the immediate area.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 5,200 SF
Property Condition: Excellent
Year Built: 2000
Year Renovated: 2022
Roof Type: Gable
Construction/Siding: Brick, Metal Siding
Exterior Description: Completely renovated and Built out site with additional room to expand cultivation facility on large 1.74 acres
Parking Type: Surface
Parking Description: More than enough parking situation on 1.74 acres
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: This location is equipped with a attached cultivation with 6 rooms including Clone Room, Dry Room, Veg Room, 3 Flowering Rooms and also a Lab Room. Freestanding building that was fully remodeled before opening. It has two access points to the site, along with so much parking and available average for events or expansion of the cultivation.
Zoning Description: Cannabis Dispensary, Medical Marijuana Provisioning Center, and attached Cultivation, Adult Use, Recreational
Lot Frontage: 600
Lot Depth: 659
Water Service: Municipal
Sewer Type: Municipal
Easements: Pipelines, Electric Lines, Ingress/Egress, Utilities
Easements Description: See Survey
Legal Description: See Survey

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,139 6,979 9,721
Median Age: 37.33 37.43 39.17
Households: 443 2,615 3,707

Contact

Photograph of Listing Agent

J David Elwood

Elwood.Biz, pllc CPIX Member
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