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11389-11397 W Jefferson Ave 7,400 SF 100% Leased Retail Building River Rouge, MI 48218 $883,674 CAD ($119.42 CAD/SF)
Investment Highlights
- Operating Adult-Use Provisioning Center available for sale — includes both the real estate and license.
- Located within a limited-license market, this site offers operators the ability to maintain existing cash flow with the opportunity to grow revenue
- Offers prominent building signage and excellent visibility from the main road for maximum brand exposure, along with ample on-site parking spaces.
- The retail store has a high-end build-out featuring 10-pointof-sale budtending stations and an open-floor retail plan.
- Included in the sale is additional income from the Hungry Howie’s co-tenant, offering stable supplemental cash flow and investment upside.
- Located along West Jefferson Avenue, a high-traffic corridor seeing over 16,000+ vehicles per day, providing strong visibility and accessibility
Executive Summary
For sale
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
7,400 SF
Building Class
C
Year Built/Renovated
1939/1971
Price
$883,674 CAD
Price Per SF
$119.42 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.85
Lot Size
0.20 AC
Zoning
B-2 - Commercial use
Parking
20 Spaces (2.7 Spaces per 1,000 SF Leased)
Frontage
120’ on W Jefferson Ave
Amenities
- Pylon Sign
- Signage
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 50-004-18-0001-001 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $176,400 CAD |
Property Taxes
Parcel Number
50-004-18-0001-001
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$176,400 CAD
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11389-11397 W Jefferson Ave
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