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Price : $170,000
Listing Type : Retail For Sale
Status : ACTIVE
Size : 2550
Lot Size (Acres) : .8
Cap Rate : 49037
Medical or Recreational : Recreational, Medical, Both
City Tax Rate : 1650
Year Built : 1950
Sale Type : Cash, Joint Venture
Utilities : Water, Electricity, Gas, Sewer, Natural Gas, Trash
Company Name : Great Lakes Real Estate Agency
Phone : 2693309098

Great Opportunity to invest in the growth of the surrounding community. The building has had some deferred maintenance but has strong bones. The current owner used the building as storage for a tire shop, but is looking to retire. Located in Big Rapids City and across the street from a liquor store. This location could easily be suited for retail or a microbusiness. 312 S 3rd Ave is a Green Zone location and is permissible for a Retail Recreational/medical marijauana facility/microbusiness. 

  • High daily traffic count
  • Across the street from a liquor store 
  • Low maintenance exterior brick façade
  • Ample parking space 
  • Building is roughly 2,550 SF 
  • Located away from the saturation of other approved marijuana locations. 
  • Located amongst majoirty residential houseing for convenience/ loyal customer base.

Owner may be willing to do a percentage lease with occupant building the location out at the lessees expense.

All offers are on the table and negotiable. 

Please see Ordinance No. 749-10-19 Section 116.113 for Medical Marihuana Facilities and Ordinance No. 751-10-19 Section 116.210 – 116.211 for Recreational/Adult Use Marihuana Facilities, Through Big Rapids, MI City Website.

For this opportunity and other Green Zoned Retail Cannabis property in the state of Michigan, contact me anytime….

Chris Gordon

Great Lakes Real Estate LLC 

License #6501419748

Cell: 269-330-9098


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