918 County Road 480 - Freestanding FOR SALE


Marquette, MI 49855
$1,890,000 USD
248-221-0591
918 County Road 480, Marquette, MI for Sale
$1,890,000 USD
Freestanding - FOR SALE
1/30
null | Request Cap Rate

NEW


918 County Road 480
Marquette, MI 49855


HIGHLIGHTS

  • Profitable Dispensary in Michigan's beautiful Upper Peninsula
  • Strong visibility, easy access, and room for future expansion
  • Includes, Business, Real Estate, AU Municipal License, FF&E

OVERVIEW

Seize the opportunity to own a profitable, fully operational cannabis dispensary in Marquette located in Michigan’s beautiful Upper Peninsula. This custom-built 2,000 SF retail building sits on 2.51 acres along a busy corridor with 15,000 cars passing daily, offering excellent visibility, easy access, ample parking, and room for future expansion on the property to include a processing. Marquette’s scenic Lake Superior shoreline, vibrant Northern Michigan University town atmosphere, and year-round outdoor recreation attract hundreds of thousands of tourists annually, creating a strong customer base of both locals and visitors. In 2024, this dispensary generated $2.5 million in gross revenue, with solid profit margins. The sale includes adult-use retail license, real estate, business, all furniture, fixtures, and equipment. Inventory is not included but is negotiable. This property is a prime investment opportunity for operators looking to enter or expand in Michigan’s cannabis industry. Seller financing available!

FOR SALE DETAILS

PRICE

$1,890,000 USD

PRICE/SF

$513 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

2.51 AC

LAND SF

109,336 SF

ZONING

Commercial

APN/PARCEL ID

52-14-116-017-10

ASK ABOUT THIS PROPERTY

Hiba HakimOdessa PropertiesMore Info
248-221-0591

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Hiba HakimOdessa PropertiesMore Info
248-221-0591

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