Listing ID : 894436
Listed On April 25, 2025 293
Listing Updated May 8, 2025
Seize this rare opportunity to acquire a fully turn-key retail and cultivation facility located less than 10 minutes from the Michigan/Indiana border—an area primed for growth with cannabis still illegal in Indiana. Currently licensed as a microbusiness, this facility is situated in the City of Niles, which permits conversion to an Adult-Use Retail License combined with a Class A or Class B cultivation license—offering significant potential for the new owners. The property comes fully equipped with all the infrastructure needed to quickly begin operations, streamlining your path to revenue. With both retail dispensary and cultivation capabilities already in place, this is a rare chance to establish a strong foothold in a high-demand border market.  Lease Terms: $5,750/month Gross for 6,300 SF of space. Real Estate: Not included in the sale price, however, the buyer has the option to purchase the real estate under the existing lease agreement – price is negotiable with total property size of 11,488sf on 0.75 acre lot. Don’t miss your chance to capitalize on this turnkey solution in one of Michigan’s most strategic cannabis locations. Call Hiba for more info 248-221-0591 or email hibahakimrealestate@gmail.comÂ
INVESTMENT HIGHLIGHTS
Microbusiness License w/ Conversion to Retail + Grow License Option | Near Indiana Border
Location:Â Less than 10 minutes from the Michigan/Indiana border (where cannabis remains illegal)
Market Advantage:Â Strong cross-border demand
Licensing: Currently licensed as a Microbusiness
Eligible for conversion to Adult-Use Retail License w/ Class A or Class B Cultivation LicenseÂ
Facility Highlights:
- Fully built out and equipped for a retail dispensary and cultivation
- Turnkey setup – infrastructure and equipment in place for immediate use
- Ideal for operators or investors seeking fast entry or expansion into a growing market
Space:Â 6,300 SF
Lease Terms:Â $5,750/month GROSS
Real Estate:Total property size 11,488 on 0.75 acre lot –Â not included in sale price
Purchase option available under current lease agreement– price negotiable
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