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Classic Roots Farm - Adult-Use and Medical Provisioning Center

$14,000/sqft/mo

1115 Corunna Avenue, Owosso, MI 48867

Active
Last Updated: 02/28/2024

2,400 sqft

Building Size

0.62 acres

Lot Area

Details:
Building Size:    2,400 sqft
Lot Area:    0.62 acres
Year Built:    1970
Highlights:
  • Operating Adult-Use and Medical Provisioning Center available for sale, including License and Leasehold Rights. Real Estate can be included with a separate transaction with a third-party landlord.
  • Located in the city of Owosso, a capped market with only four (4) Adult-Use Licenses awarded, presenting a rare opportunity to establish a foothold in a highly regulated industry.
  • Freestanding building located on a corner lot, featuring 14 on-site parking spaces and highly visible monument signage on the main road.
  • Positioned on the heavily traveled Corunna Avenue, surrounded by a dense residential population, and several national tenants nearby for maximum exposure and traffic.
  • An exceptional staff that would likely stay on provides this opportunity with immediate operational support and cash flow.
  • In addition, opportunity to purchase Classic Roots Farm operational Adult-Use Cultivation and Processing Facility in Kalkaska, MI that is 19,200 SF. More information can be provided upon inquiries. exposure and accessibility.
Description:

Operating Adult-Use Provisioning Center available for sale, including License and leasehold rights.
Free-standing building located on a corner lot.
Features 40 on-site parking spaces and highly visible monument signage on the main road.
Located in the city of Owosso, a capped market with only 4 Adult-Use licenses available, presenting a rare opportunity to establish a foothold in a highly regulated industry.
Positioned on heavily traveled Corunna Ave, surrounded by a dense residential population for maximum exposure and accessibility.

Hard corner - North of Corunna Avenue and West of Fraser Avenue

Map:
1 Space Available

1115 Corunna Avenue Unknown Sub Type

Available:
Immediately
Sublease:
No
SQFT
2,400

Assumption of the Lease with Minimal Out of Pocket Cost

Documents:
Title
Owosso_-_1115_Corunna_Avenue__Marketing_Package_.pdf
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Location
Gallery