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815 N Huron St
Ypsilanti, MI 48197 Downtown Ypsilanti

$1,695,000 USD

Storefront For Sale  •  5,000 SF

Property Details

  • Property Type Storefront
  • Total Building Size 5,000 SF
  • Lot Size 0.51 AC
  • Building Class C
  • Year Built 1960
  • Zoning Commercial
41 Transit Score
63 Walk Score

Description

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.

Highlights

~5,000 Sq/ft turnkey dispensary (w/ extra space)
$300k/mo. sales, with 50%+ gross margins
25+ Parking spaces
Includes the real estate
$1.99m w/ seller financing options available

Financial Summary

Total Expenses: $0 USD

Amenities

  • Signage
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
16 min - 7.7 mi
AirportDriveWalkDistance
Detroit Metro Wayne County 30 min - 20.4 mi
Windsor International 67 min - 46.0 mi

Parking Details

Parking Available: Yes
Reserved: Yes
Spaces Provided: 25
Type: Reserved
Included in Rent: Yes
Larry Gotcher 734-732-3789 Resource Realty Group
Larry Gotcher 734-732-3789 Resource Realty Group