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Mixed Retail Condo For Sale • 5,500 SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 1st Floor - Unit 1 | Retail | 5,500 SF | $4,500,000 USD | |
DescriptionThe business is fully built out, actively operating, and designed to support significant retail volume, with 21 point-of-sale systems currently in place. The property also includes approximately 50 parking spaces, providing substantial on-site capacity for customer traffic and day-to-day operations. Demonstrating the strength of the existing business, the dispensary generated approximately $700,000 in gross revenue during the month of July alone. Sale NotesPositioned 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. |
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The property is positioned along US-12 near the Indiana border and within reach of the Chicago metropolitan area, providing access to a broad regional consumer base. Its location is intended to capture cross-border demand from neighboring states while benefiting from visibility along a heavily traveled corridor. The combination of an established operating business and fee-simple real estate creates flexibility for investors and operators seeking either a fully integrated acquisition or a platform for future expansion. According to the marketing materials, the dispensary generated approximately $700,000 in gross revenue during July 2026. The offering includes the operating business, adult-use cannabis licensing, retail infrastructure, established customer traffic, and associated real estate. The materials also indicate the potential for a transaction structure involving the operating business and existing lease rights in lieu of purchasing the underlying real estate.
| 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. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 4 min | - | 2.6 mi | |
| Carroll Avenue (Michigan City) Station (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line)) | 13 min | - | 7.3 mi |
| Airport | Drive | Walk | Distance |
| South Bend International | 58 min | - | 34.9 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 50 |
| Type: | Surface |
| Included in Rent: | Yes |
Keri Knipple
Green Zoned Realty
