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Unique Investment Opportunity for Cannabis Entrepreneurs!

13550 Auburn Street, Detroit, MI, USA
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  • Cannabis Real Estate Listings | Other Commercial Properties for Cannabis Business Use For Sale
  • Cannabis Real Estate Listings | Other Commercial Properties for Cannabis Business Use For Sale
  • Cannabis Real Estate Listings | Other Commercial Properties for Cannabis Business Use For Sale
  • Cannabis Real Estate Listings | Other Commercial Properties for Cannabis Business Use For Sale

Listing ID : 852866

Listed On September 30, 2024 View Count 146

Listing Updated September 30, 2024

Price :
$450,000
Cap Rate:
10%
Business Overview :
License Details :
Business Location Details :
Cannabis or Hemp Use:
Cannabis and/or Hemp
Number of Parking Spaces:
7
City Cannabis Tax Rate:
10%
Size:
3,500 Sq. Ft.
Lot Size:
.1 Acres
Zoning:
Green and Light industrial
Utilities:
Electricity, City Water, Sewer, Garbage, Natural Gas
Year Built:
1951
Terms :
Financing:
Cash, Lender Pre-Qualified, Other
Broker Co-Op:
Yes
Reason for Selling:
Owener of sister buiding looking to retire
Company Overview :
Description :

This property offers an exceptional chance for both investors and owner-operators. Fully approved for cannabis use, the building is currently leased on a month-to-month basis, generating $4,000 in gross rental income.

This building is a sister property to 13550, which has also just been listed for sale. Located right next door, 13550 comes fully equipped for immediate cannabis cultivation upon obtaining the necessary licenses. Both properties feature updated infrastructure to support your business needs.

Additionally, the current tenant may be open to negotiating a longer-term lease if the new owner prefers to continue generating rental income. Don’t miss out on this rare opportunity to invest in a fully approved cannabis property with flexible options!

Good Company Reality/Ivy Properties RO, LLC

6501277010

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Good Company Reality/Ivy Properties RO, LLC
License:6501277010

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