27206 Groesbeck Hwy - Manufacturing FOR SALE


Roseville, MI 48066
$2,999,999 USD
734-674-3958
27206 Groesbeck Hwy, Roseville, MI for Sale
$2,999,999 USD
Manufacturing - FOR SALE
1/26
null | Request Cap Rate

27206 Groesbeck Hwy
Roseville, MI 48066


HIGHLIGHTS

  • On intersection of two major thoroughfares being Groesbeck Hwy and I-696, generating traffic counts of 150k+ vehicles DAILY.
  • On a corner right off of the exit ramp, providing maximum visibility.

OVERVIEW

LOCATION, LOCATION, LOCATION! Fully licensed Class A Marihuana Microbusiness located at 27206 Groesbeck Highway, Roseville, MI. Conveniently located at Groesbeck Highway and I-696. The property was an old body shop, sized at approx. 2700 square feet. The location is superb as it is the first building when entering Roseville, and is the first visible property when exiting off of the Groesbeck exit traveling westbound on I-696. Between Groesbeck Hwy and I-696 traffic counts are 150k+ daily. Notable Statistics: · Michigan's cannabis market is one of the largest in the U.S., with sales exceeding $3 billion in 2024. · As of April 2025, Michigan had already sold over $750 million in legal marijuana, generating $120 million in tax revenue. · The Michigan cannabis market has expanded to be one of the biggest cannabis markets in the country, surpassing California to be the top cannabis market in the U.S. by sales volume. Class A Microbusinesses are identical to dispensaries in terms of purchasing processed goods (vapes, edibles, infused-products, ect.), and selling cannabis products to the public. Class A Microbusinesses are also able to: · Cultivate up to 300 mature marijuana plants, which is double the amount permitted for a standard microbusiness license (150 plants). · Purchase marijuana plants from other licensed growers, providing access to different strains and genetics. · Microbusiness licenses simplify vertical integration by allowing cultivation and retail in one location. Class A microbusinesses can purchase all processed goods from licensed processors, giving the same potential product lineup as any dispensary. Take advantage of this amazing opportunity to be the gateway to Roseville! Several surrounding communities have not opted in posing great opportunity for someone willing to put in the time and effort! Communities include: St.Clair Shores, Grosse Pointe, Eastpointe, Clinton Township, ect. Sale includes the business license and real estate. Land contract terms are available. The listing price is $2,999,999, but is subject to change as ownership will be commencing improvements as the property remains listed for sale. Ownership is open to ALL offers/arrangements.

FOR SALE DETAILS

PRICE

$2,999,999 USD

PRICE/SF

$1,154 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Storefront Retail/Office, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.28

LAND SF

12,197

ZONING

I-1

APN/PARCEL ID

08-14-18-352-022

ASK ABOUT THIS PROPERTY

Marco LytwynNorthville Services LLCMore Info
734-674-3958

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Marco LytwynNorthville Services LLCMore Info
734-674-3958

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