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$ 1,950,000
Est. payment | /mo
4,825 SqFt
$ 1,950,000
Est. payment | /mo
4,825 SqFt
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 4,825 sqft
Price per Sqft $404
Subdivision Mi
MLS Listing ID 60914993
Lot Size 7.560 Acres
Acres 7.56
Lot Dimensions 10 x 10
Property Sub-Type Commercial/Industrial
Property Description
Rare opportunity for a flagship location! Municipal Approved Adult-Use Provisioning Center available for sale - license and real estate included. Freestanding building with 71 parking spots and approved for construction. The site is located immediately adjacent to the Wisconsin border, providing an excellent opportunity to take advantage of their restricted cannabis laws. Zoned D-1, there is an additional 7.56 acres of land available with frontage and access along Lake Michigan, including 1.18 acres along 10th Street, providing a value-add opportunity for more commercial and residential development, including a range of uses: retail, office, industrial, hotel, single/multifamily housing, and many other uses that fall between those categories. Located in a densely populated residential area, there is tremendous synergy in the immediate marketplace with several national/regional tenants. Plenty of daytime traffic on heavily traveled 10th Street, which sees nearly 18,000+ vehicles per day.
Location
State MI
County Menominee
Area Menominee (55016)
Zoning Multi-Family,Professional Office,Commercial,Industrial
Building
Water Public Water
Structure Type Other
Others
Ownership Private
Energy Description Natural Gas
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by C3 CRE, LLC
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