12% CAP – Tenant Occupied Dispensary

116 N 1st St, Harrisville, MI, 48740

Municipally Permitted
Potential Use: Dispensary, Micro Business
$185,000
Medical, Recreational
0.51 acres
1,600 SQ FT

Invest in the cannabis industry without touching the plant with this NNN leased dispensary property for sale. The tenant is paying $24,000 / annual rent. The 5 year lease has 4 years left on it.

Located in a Michigan beach town with minimal competition, this location is a great investment. The tenant has obtained the necessary local permits to operate a recreational dispensary, and is currently building out the real estate.

Where else can you invest in a real asset and make over 10% annually on your money? Get out of the crypto rush and cash flow today!

Schedule A Showing



Property-Schedule Showing

Building Information

Building Sq Ft:

1600

Year Built:

1960

Ceiling Height:

8 feet

Foundation:

Slab

Heating:

Boiler

Cooling:

Forced air and window unit

Parking Spaces:

Power To Building:

Parcel Information

Parcel Size:

0.51 acres

Parcel ID:

120-110-012-205-00

Utilities Available:

Electric, Gas, City Water, City Sewer

Utility Notes:

Zoning:

CBD – Central Business District

Traffic Count:

Permitting Information

Permit Status:

Potential Use:

Municipally Permitted
Dispensary, Micro Business

Qualifies For:

Medical, Recreational

Permits Included:

Medical and Recreational Dispensary

FAQ’s

About The Area

Harrisville is located on beautiful Lake Huron which has a harbor for recreational boaters which draws tourism to this area. The town is on the edge of Huron National Forest and is the location of Harrisville State Park. The beaches from this area have been recognized as some Michigan’s best places to visit for an old-fashioned lake vacation.
  • Medical Facilities Allowed
  • Recreational Facilities Allowed

Local Stats

467

City Residents

113,549

People Within 50 Miles

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