19015 Us-12 Hwy - Mixed Retail CONDO FOR SALE


New Buffalo, MI 49117
$4,500,000 USD
248-453-6202
19015 Us-12 Hwy, New Buffalo, MI for Sale
$4,500,000 USD
Mixed Retail CONDO - FOR SALE
1/5
null | Request Cap Rate

19015 Us-12 Hwy
New Buffalo, MI 49117


HIGHLIGHTS

  • Operational adult-use cannabis dispensary offered with real estate ownership.
  • Located on US-12 near the Indiana border and Chicago market area.
  • Equipped with 21 point-of-sale systems for customer processing.
  • Approximately 50 on-site parking spaces support customer traffic.
  • Property includes established retail infrastructure and licensing.
  • Digital LED signage provides visibility along the corridor.

OVERVIEW

Positioned as a fully integrated cannabis retail acquisition, this offering combines a licensed, operational adult-use dispensary with the underlying real estate, creating a compelling opportunity to acquire both an established operating platform and a strategically positioned physical asset within a single transaction. The acquisition includes the operational business, adult-use cannabis licensing, retail infrastructure, established customer traffic, and associated real estate. For groups that prefer a more asset-light structure, there is also the potential to acquire the operating business and assume the existing lease rights rather than purchasing the underlying real estate. For an established operator seeking strategic expansion or an investment group pursuing exposure to the Michigan cannabis market, this offering provides immediate operational scale, proven revenue generation, substantial retail infrastructure, and the flexibility to structure the transaction around either real estate ownership or leasehold rights.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$818 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Mixed Retail

TOTAL BUILDING SIZE

11,750 SF

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.93 AC

LAND SF

84,112 SF

ZONING

S-3

APN/PARCEL ID

13-0017-0010-02-0,13-0017-0010-03-0

ASK ABOUT THIS PROPERTY

Keri KnippleGreen Zoned RealtyMore Info
248-453-6202

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Keri KnippleGreen Zoned RealtyMore Info
248-453-6202

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.