Listing Courtesy of: Corbin Yaldoo - C3 CRE, LLC 248-220-1110
$8,250,000 affordable loan icon Calculate Payment

123 Oakland Oakland, MI 48320

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Industrial Residence
Beds
Baths
3,537 Sq. Ft.
0.48 Acre Lot
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Last updated on 9/20/2024 7:35 AM

Listing Details

Rare opportunity for a ?agship location! Located in the heart of one of Oakland County's high-income suburbs, it is one of a select few Provisioning Centers in the immediate area. Operating Adult-Use/Medical Provisioning Center available for sale - Business/License & real estate available. Buyer has... the option to purchase the Business/License and lease the real estate. Approximately $1M +/- worth of inventory can be purchased separately.� �  Opened for business in late 2021, with a steady monthly increase in sales. This location is currently averaging north of $500,000 per month in revenue and has room for improvement. Current ownership operates near a 60% gross pro?t margin, making this a more attractive value-add opportunity than the model of 35-45% gross pro?t margin for most other Michigan Provisioning Centers. Freestanding building that was brand-new ground-up construction before its opening in 2021.�  The site includes 22 parking spaces, plus ample street parking, and a prime monument sign for excellent brand exposure. Great synergy in the immediate marketplace surrounded by a dense high-income residential population, as well as, several national/regional tenants. Continue reading
Source MLS
MiRealSource
Originating MLS
RealComp
MLS#
60325603
Property Type
Industrial
Year Built
1920
Square Feet
3,537 sq. ft
Lot Size
0.48
Sewer
Public Sewer
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Listing Courtesy of: Corbin Yaldoo - C3 CRE, LLC 248-220-1110
Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307


Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
This content last refreshed on 9/20/2024 7:35 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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