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Fully Licensed Marijuana Business

2 Industrial Properties Offered at $2,000,000 in Detroit, MI

Investment Highlights

  • The business value is included in the sale of the two commercial buildings.
  • The property is located close to the General Motors Detroit/Hamtramck Assembly plant.
  • The marijuana business included in the sale is fully licensed and 100% ready to plant.
  • There is access to the 75 and 94 freeways.

Executive Summary

Fully licensed marijuana growing business that is 100% ready to start planting. This sale will include the business and 2 buildings.
The property is located in Poletown East, a neighborhood acre of Detroit, Michigan. The area was named after the Polish immigrants who originally lived in the area. The General Motors Detroit/Hamtramck Assembly plant is located in the area. Historically one of the economic and cultural powerhouses of the Midwest, Detroit is full of people who are working towards redevelopment and revitalization. Known as the origin of the automobile industry, the Motor City is moving towards a future of economic opportunity with roots far beyond the world of cars. The cost of living is low while rental rates for apartments, condos, and houses are highly attractive for any budget. Monuments paying tribute to Detroit’s rich history are everywhere while astonishing architecture and public artwork is scattered throughout the city. The city is a great destination for sports lovers as one of the few American cities with major leagues in football, baseball, basketball, and hockey.

Property Facts

Price $2,000,000
Price / SF $173.28 / SF
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 11,542 SF
Total Land Area 0.61 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1637 E Grand Blvd, Detroit, MI 48211 Industrial 7,400 SF 1925 -
1680 E Grand Blvd, Detroit, MI 48211 Industrial 4,142 SF 1981 -
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  • Listing ID: 25222687

  • Date on Market: 3/10/2022

  • Last Updated:

  • Address: Fully Licensed Marijuana Business, Detroit, MI

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