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Operating and Profitable Ypsilanti Dispensary 815 N Huron St 5,000 SF Retail Building Ypsilanti, MI 48197 $2,298,589 CAD ($459.72 CAD/SF)

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Investment Highlights

  • ~5,000 Sq/ft turnkey dispensary (w/ extra space)
  • 25+ Parking spaces
  • $1.99m w/ seller financing options available
  • $300k/mo. sales, with 50%+ gross margins
  • Includes the real estate

Executive Summary

Here is your rare chance to take over this operating and profitable dispensary in the heart of Eastern Michigan University's campus/dorm district. This location is less than 500 ft away from Eastern Michigan's main dorm site making it the closest dispensary to the major university. Not only is this site perfectly primed for foot traffic, it's situated on one of the area's most trafficked road.
This ~5,000 Sq/ft site was previously operating as a Microbusiness, however, it's recently been granted a full recreational dispensary license in early 2025. The facility currently has about 2,500 Sq/ft of vacant space that can be used for expansion or rented out for small suites. The site is averaging a healthy $300k/mo in net revenue on a staggering 50%+ gross profit margin. With over 25+ parking spaces and healthy margins, this site has plenty of room for growth.
The Seller is an out of state owner, so the ideal scenario is a cash out however, for qualified purchasers they would be open to seller financing. This store is currently operating so please do not discuss any sale with any employees and do not stop by without scheduling a visit.

Property Facts

Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Storefront
Building Size
5,000 SF
Building Class
C
Year Built/Renovated
1960/2020
Price
$2,298,589 CAD
Price Per SF
$459.72 CAD
Business Value
$1,627,320 CAD
Building Height
1 Story
Building FAR
0.23
Lot Size
0.51 AC
Zoning
Commercial - Commercial Zoned District
Parking
25 Spaces (5 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning
Bike Score®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Starbucks
Huntington National Bank
Biggby Coffee
Rent-A-Center
  • Listing ID: 38985896

  • Date on Market: 2025-05-06

  • Last Updated:

  • Address: 815 N Huron St, Ypsilanti, MI 48197

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