Ypsilanti - Municipal Approved Provisioning Center

401 East Michigan Avenue Ypsilanti, MI 48198

401 East Michigan Avenue, Ypsilanti, MI, 48198
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FOR SALE FOR LEASE
Property Type:
Free Standing Building
Amount:
$500,000
Last Verified:
Oct 30, 2024

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Highlights


Description

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.

On the north side of Michigan Avenue, between Grove Street and Prospect Road.


Year Built: 1940
Building Size: 1370sq ft
Lot Size: 0.3 acres


Documents

Ypsilanti - 401 E Michigan Ave (Marketing Package)

Units for Lease

401 East Michigan Avenue
Space Available: 1370 SF
Lease Type: NNN

Map of 401 East Michigan Avenue, Ypsilanti, MI, 48198

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