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$ 1,890,000
Est. payment /mo
New
918 County Road 480 Marquette, MI 49855
2,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $945
MLS Listing ID 20251007618
Year Built 2020
Annual Tax Amount $4,049
Lot Size 10.130 Acres
Acres 10.13
Lot Dimensions 220x470x210x450
Source Realcomp
Property Description
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, and a loyal customer list. 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!
Location
State MI
County Marquette
Zoning Commercial
Direction South of County Road 480, West of County Road 553
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Water Well
Schools
School District Gwinn
Others
Tax ID 521411601950
Listed by Odessa Properties