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Operating and Profitable Ypsilanti Dispensary 815 N Huron St 5,000 SF Retail Building Ypsilanti, MI 48197 $1,695,000 ($339/SF)



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.
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
Building Size
5,000 SF
Building Class
C
Year Built/Renovated
1960/2020
Price
$1,695,000
Price Per SF
$339
Business Value
$1,200,000
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)
Nearby Major Retailers
1 of 8
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Operating and Profitable Ypsilanti Dispensary | 815 N Huron St
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