Menominee – Approved Provisioning Center/Prime Development Land

Details

Listing #5173

Asking Price: $1,950,000

Property Highlights:

• Rare opportunity for a flagship location! Municipal Approved Adult-Use Provisioning Center available for sale – license and real estate included.
• Freestanding building with 71 parking spots and approved for construction.
• The site is located immediately adjacent to the Wisconsin border, providing an excellent opportunity to take advantage of their restricted cannabis laws.
• Zoned D-1, there is an additional 7.56 acres of land available with frontage and access along Lake Michigan, including 1.18 acres along 10th Street, providing a value-add opportunity for more commercial and residential development, including a range of uses: retail, office, industrial, hotel, single/multi-family housing, and many other uses that fall between those categories.
• Located in a densely populated residential area, there is tremendous synergy in the immediate marketplace with several national/regional tenants.
• Plenty of daytime traffic on heavily traveled 10th Street, which sees nearly 18,000+ vehicles per day.

Corbin Yaldoo – C3 CRE, LLC – DRE# 6501364626