Lansing - Turn-Key Adult Use Provisioning Center
5508 Cedar Street, Lansing, MI 48911
- Municipal & State Approved Adult-Use/Medical Provisioning Center available for Sale - licenses and real estate included in the sale.
- Turn-key and can operate immediately with State of Michigan license attached.
- Great opportunity for flagship location - freestanding building with 45+ parking spaces.
- Large pylon signage sitting on a heavily traveled Cedar Street, offers an excellent opportunity for brand exposure and plenty of daytime traffic.
- This site features two buildings: the 1,824 SF Provisioning Center (with a 456 SF apartment above) and a 4,560 SF warehouse.
- Tremendous synergy in the immediate marketplace is surrounded by a dense residential population and several national tenants.
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- For Sale $3,000,000
- Property Type Retail - Freestanding
- Property Size 2,280 SF
- Lot Size 0.7 Acre
- Date Updated Jan 19, 2023
- Walk Score ® Somewhat Walkable (51)
- Transit Score ® Some Transit (34)
- Bike Score ® Bikeable (66)
- City Lansing, MI
- Zip Code 48911
- Market Detroit
Points of Interest
Market Fresh Gas Express
Ottawa Surface Lot
Sporting Events Parking
Grand River Avenue Ramp
Division Street Garage
Office Visit Parking
Student/Event Parking Lot
Asean Food Mart
Gordon Food Service
REO Town Marketplace
Swagath Indian Groceries
Old Town General Store
Westlund's Apple Market
- Property Tax in 2022 $13,924
- Market Value* $365,800
- Assessed Value $365,800
Find more tax info, including assessment history and abatements, on CommercialEdge.
*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.
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