Ypsilanti - Municipal Approved Provisioning Center

For Sale

401 East Michigan Avenue, Ypsilanti, MI 48198

This Ypsilanti property for sale is located at 401 East Michigan Avenue. The current listed sale price for Ypsilanti - Municipal Approved Provisioning Center is $499,999. Ypsilanti - Municipal Approved Provisioning Center is situated on a lot that is 0.3 acre in size.

Contacts

broker

Corbin Yaldoo

C3 CRE

Property Details

  • Property Type Retail - Freestanding
  • Property Size 1,370 SF
  • Lot Size 0.3 Acre
  • Additional Rent Contact for pricing
  • Year Built 1940
  • Date Updated Nov 15, 2024
On the north side of Michigan Avenue, between Grove Street and Prospect Road.Municipal Approved Adult-Use Provisioning Center available for sale – license and real estate included in the sale. Buyer has the option to purchase the license separately and lease the real estate on an Absolute NNN Lease with ownership providing a build-to-suit construction model or tenant incentives. Suitable for traditional retail purposes, no need to buy solely for licensed cannabis use. Situated in a near prime Downtown Ypsilanti location offering maximum exposure, near Eastern Michigan University's campus and near Washtenaw Community College. Located near a walkable neighborhood near local and national retailers that are staples in the community, and surrounded by a dense residential population.Municipal Approved Adult-Use Provisioning Center available for sale – license and real estate included in the sale. Buyer has the option to purchase the license separately and lease the real estate on an Absolute NNN Lease with ownership providing a build-to-suit construction model or tenant incentives. Suitable for traditional retail purposes, no need to buy solely for licensed cannabis use. Situated in a near prime Downtown Ypsilanti location offering maximum exposure, near Eastern Michigan University's campus and near Washtenaw Community College. Located near a walkable neighborhood near local and national retailers that are staples in the community, and surrounded by a dense residential population.

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Highlights

  • Municipal Approved Adult-Use Provisioning Center available for sale – license and real estate included in the sale.
  • Buyer has the option to purchase the license separately and lease the real estate on an Absolute NNN Lease with ownership providing a build-to-suit construction model or tenant incentives.
  • Suitable for traditional retail purposes, no need to buy solely for licensed cannabis use.
  • Situated in a near prime Downtown Ypsilanti location offering
  • maximum exposure, near Eastern Michigan
  • University's campus and near Washtenaw Community
  • College.
  • Located near a walkable neighborhood near local and national
  • retailers that are staples in the community, and surrounded by a dense residential population.

Getting around

  • 81/100

    Walk Score ®

  • 51/100

    Transit Score ®

  • 57/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Ypsilanti, MI
  • Zip Code 48198
  • Market Detroit

Points of Interest

  • Ann Arbor

    7.83 miles

  • Mobil

    0.10 miles

  • Boggs

    0.34 miles

  • Sunoco

    0.65 miles

  • RP Fuel

    0.72 miles

  • Citgo

    0.77 miles

  • BP

    0.91 miles

  • Speedway

    1.08 miles

  • Electrify America

    2.47 miles

  • Tesla Supercharger

    3.88 miles

  • ChargePoint

    6.06 miles

  • Sill Lot

    0.95 miles

  • 611 W. Cross Lot

    0.95 miles

  • Pease Lot

    0.97 miles

  • Alexander Lot (Pay)

    0.99 miles

  • Ford Lot

    1.06 miles

  • Normal Street Lot

    1.07 miles

  • Bowman-Roosevelt Lot

    1.09 miles

  • Car Pool Parking Lot

    1.10 miles

  • Ann Street Lot

    1.14 miles

  • Smith (Reserved)

    1.18 miles

  • Kluck's

    0.00 miles

  • Luca's Coney Island

    0.09 miles

  • Bobs Fish & Chicken

    0.10 miles

  • El Castillo Restaurante

    0.11 miles

  • Bomber

    0.12 miles

  • Happy's Pizza

    0.17 miles

  • McDonald's

    0.22 miles

  • Dairy Queen

    0.24 miles

  • KFC

    0.28 miles

  • Full House

    0.30 miles

  • La Casa Latina

    0.10 miles

  • Ypsilanti Food Co-op

    0.35 miles

  • La Espiga Dorada Market

    0.55 miles

  • Dos Hermanos Market

    0.73 miles

  • Shoppers Marketplace

    1.54 miles

  • Kroger

    1.55 miles

  • Alez Market

    2.30 miles

  • Sahara Market

    2.49 miles

  • Hua Xing Asia Market

    2.76 miles

  • Target

    3.77 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Corbin Yaldoo

C3 CRE