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128 E Main - Green Zoned 128 Main St

2,464 SF Retail Building Marcellus, MI 49067 $120,000 ($49/SF)

INVESTMENT HIGHLIGHTS

  • Zoned for Cannabis / Marihuana
  • Opportunity for additional revenue from 2 residential units
  • 20 Miles from Elkhart, IN

EXECUTIVE SUMMARY

This green-zoned property is fully licensed for a cannabis dispensary, making it an exceptional opportunity in the growing cannabis market. Situated just a short distance from the Indiana border near Elkhart and Bristol, IN, it provides a prime location with a ready audience within a 25-mile radius.
The building itself requires only light outfitting, streamlining the path to an operational marijuana dispensary. Additionally, the upper residential units offer a unique opportunity for extra income, creating the potential for a mixed-use space that capitalizes on both commercial and residential demand.
A fantastic investment, this property offers dual revenue streams and the flexibility to customize the interior to your specifications. Don’t miss this chance to own a licensed, strategically located cannabis dispensary space with built-in residential income potential!

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,464 SF
Building Class
C
Year Built/Renovated
1895/1995
Price
$120,000
Price Per SF
$49
Building Height
2 Stories
Building FAR
0.81
Lot Size
0.07 AC
Zoning
Retail Commercial - Retail w/ Residential above
Parking
14 Spaces (5.68 Spaces per 1,000 SF Leased)
Frontage
22 FT on Main St

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-051-531-006-60
Land Assessment
$0
Improvements Assessment
$29,100
Total Assessment
$29,100
  • Listing ID: 33661868

  • Date on Market: 10/28/2024

  • Last Updated:

  • Address: 128 Main St, Marcellus, MI 49067

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