1,640 SqFt
1,640 SqFt
Key Details
Property Type Commercial
Sub Type Business Opportunity
Listing Status Active
Purchase Type For Sale
Square Footage 1,640 sqft
Price per Sqft $1,829
MLS Listing ID 20250027788
Year Built 1959
Property Sub-Type Business Opportunity
Source Realcomp II Ltd
Property Description
• This offering includes an Adult-Use Retail License and Leasehold Rights. The long-term lease is priced at $3,000 per month + NNN. The freestanding building can be purchased for $1,000,000 and will include ?ve (5) neighboring buildings.
• The business earned approximately $5.4M in revenue and $1.5M in EBITDA in 2024. The store currently generates $450K in monthly revenue. There is value-add potential with more active, hands-on management and increased day-to-day operations.
• Offers prominent building signage and excellent visibility from the main road for maximum brand exposure, along with 30+ onsite parking spaces.
• The site is located in a stabilized market with great synergy, surrounded by a dense residential population and several national and local tenants.
Location
State MI
County Genesee
Area Lennon Vlg (Genesee County)
Zoning Light Industrial
Interior
Heating Forced Air
Heat Source Natural Gas
Exterior
Road Frontage Paved
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 1 Story
Schools
School District Genesee
Others
Ownership Bank Owned,Short Sale - No
Acceptable Financing Cash, Owner May Carry(Purchase Money Mortgage)
Listing Terms Cash, Owner May Carry(Purchase Money Mortgage)
Financing Cash,Owner May Carry(Purchase Money Mortgage)
Special Listing Condition Full Service
