919 Michigan St - Warehouse FOR SALE


Niles, MI 49120
$749,990 USD
248-221-0591
919 Michigan St, Niles, MI for Sale
$749,990 USD
Warehouse - FOR SALE
1/45
null | Request Cap Rate

NEW


919 Michigan St
Niles, MI 49120


HIGHLIGHTS

  • Location: Less than 10 minutes from the Michigan/Indiana border. Strong cross-border demand
  • Eligible for conversion to Adult-Use Retail License w/ Class A or Class B Cultivation License
  • Eligible for conversion to Adult-Use Retail License w/ Class A or Class B Cultivation License
  • Turnkey setup – infrastructure and equipment in place for immediate use
  • Lease Terms: $5,750/month GROSS - Real Estate is sold SEPARATELY - price negotiable. Total building 11,488sf

OVERVIEW

Seize this rare opportunity to acquire a fully turn-key retail and cultivation facility located less than 10 minutes from the Michigan/Indiana border—an area primed for growth with cannabis still illegal in Indiana. Currently licensed as a microbusiness, this facility is situated in the City of Niles, which permits conversion to an Adult-Use Retail License combined with a Class A or Class B cultivation license—offering significant potential for the new owners. The property comes fully equipped with all the infrastructure needed to quickly begin operations, streamlining your path to revenue. With both retail dispensary and cultivation capabilities already in place, this is a rare chance to establish a strong foothold in a high-demand border market. Lease Terms: $5,750/month Gross for 6,300 SF of space. Real Estate: Not included in the sale price, however, the buyer has the option to purchase the real estate under the existing lease agreement - price is negotiable with total property size of 11,488sf on 0.75 acre lot. Don’t miss your chance to capitalize on this turnkey solution in one of Michigan’s most strategic cannabis locations.

FOR SALE DETAILS

PRICE

$749,990 USD

PRICE/SF

$119 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.74

LAND SF

32,266

ZONING

RC

APN/PARCEL ID

11-73-2730-0048-03-0

ASK ABOUT THIS PROPERTY

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248-221-0591

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Hiba HakimOdessa PropertiesMore Info
248-221-0591

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.