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1000 Confidential Address

Genesee, MI 48437
  • $2,999,999
  • STATUS: Active
  • ON SITE: 77 Days
  • MLS #: 20250027788
Foreclosure
UPDATED: 34 min ago
$2,999,999
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,640
    SQFT
  • $1,829
    $/SQFT
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Operating Adult Use Provisioning Center available for sale real estate not included. This offering includes an Adult-Use Retail License and Leasehold Rights. The long-term lease is priced at $3,000 per month + NNN. The freestanding building can be purchased for $1,000,000 and will include ?ve (5) neighboring buildings. The business earned approximately $5.4M in revenue and $1.5M in EBITDA in 2024. The store currently generates $450K in monthly revenue. There is value-add potential with more active, hands-on management and increased day-to-day operations. Offers prominent building signage and excellent visibility from the main road for maximum brand exposure, along with 30+ onsite parking spaces. The site is located in a stabilized market with great synergy, surrounded by a dense residential population and several national and local tenants.

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[MiRealSource] logo ©2025 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kelder Group LLC. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2025-07-08T16:57:42.637.
www.kelder.com/homes/162800439
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1000 Confidential Address Genesee, MI 48437

  • Price: $2,999,999
  • Status: Active
  • On Site: 77 Days
  • Updated: 34 min ago
  • MLS #: 20250027788
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1,640
SQFT
$1,829
$/SQFT
Neighborhood:
Lennon (78024)
County:
Genesee
Area:
Lennon (78024)
Property Description
Operating Adult Use Provisioning Center available for sale real estate not included. This offering includes an Adult-Use Retail License and Leasehold Rights. The long-term lease is priced at $3,000 per month + NNN. The freestanding building can be purchased for $1,000,000 and will include ?ve (5) neighboring buildings. The business earned approximately $5.4M in revenue and $1.5M in EBITDA in 2024. The store currently generates $450K in monthly revenue. There is value-add potential with more active, hands-on management and increased day-to-day operations. Offers prominent building signage and excellent visibility from the main road for maximum brand exposure, along with 30+ onsite parking spaces. The site is located in a stabilized market with great synergy, surrounded by a dense residential population and several national and local tenants.
Exterior Features

Frontage 100 Roads Paved Street Waterfront YN No

Interior Features

Basement YN No Fuel Type Natural Gas Heating System Forced Air

Property Features

Commercial Type Commercial/Industrial Financial Terms Cash Lease YN No Municipality Lennon Occupant Corbin Yaldoo Ownership Bank Owned SEV 0 Sewer Septic Public Sanitary Subject To Short Sale Approval No Summer Tax Amount 0 Water Public Water Winter Tax Amount 0 Zoning Industrial

Listing courtesy of C3 CRE, LLC : 248-220-1110.

Source MLS: MiRealSource
Originating MLS: Realcomp

[MiRealSource] logoProvided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.


[MiRealSource] logo ©2025 MiRealSource (Michigan Multiple Listing Service). All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Kelder Group LLC. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Data last updated: 2025-07-08T16:57:42.637.
 
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The Kelder Group LLC
9284 Lapeer Rd.
Davison MI, 48423