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Operating Cannabis Dispensary for Sale – Marquette, MI

918 County Road 480, Marquette, MI, USA
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  • Cannabis Real Estate Listings | Other Commercial Properties for Cannabis Business Use For Sale
  • Cannabis Real Estate Listings | Other Commercial Properties for Cannabis Business Use For Sale
  • Cannabis Real Estate Listings | Other Commercial Properties for Cannabis Business Use For Sale
  • Cannabis Real Estate Listings | Other Commercial Properties for Cannabis Business Use For Sale
  • Cannabis Real Estate Listings | Other Commercial Properties for Cannabis Business Use For Sale
  • Cannabis Real Estate Listings | Other Commercial Properties for Cannabis Business Use For Sale
  • Cannabis Real Estate Listings | Other Commercial Properties for Cannabis Business Use For Sale
  • Cannabis Real Estate Listings | Other Commercial Properties for Cannabis Business Use For Sale
  • Cannabis Real Estate Listings | Other Commercial Properties for Cannabis Business Use For Sale
  • Cannabis Real Estate Listings | Other Commercial Properties for Cannabis Business Use For Sale
  • Cannabis Real Estate Listings | Other Commercial Properties for Cannabis Business Use For Sale
  • Cannabis Real Estate Listings | Other Commercial Properties for Cannabis Business Use For Sale

Listing ID : 900864

Listed On June 11, 2025 View Count 108

Listing Updated July 11, 2025

Price :
$1,890,000
Business Overview :
License Details :
Business Location Details :
Cannabis or Hemp Use:
Cannabis Only
Number of Parking Spaces:
50
Size:
2,000 Sq. Ft.
Lot Size:
2.51 Acres
Zoning:
Commerical
Utilities:
Well Water, Sewer
Year Built:
2020
Terms :
Financing:
Cash, Owner Financing
Company Overview :
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, business, all furniture, fixtures, and equipment, and a loyal customer list. Inventory is not included but is negotiable. REAL ESTATE NOT INCLUDED. Lease is $7000/month gross. This property is a prime investment opportunity for operators looking to enter or expand in Michigan’s cannabis industry. Seller financing available! Contact Hiba at 248-221-0591 or hibahakimrealestate@gmail.com

KEY POINTS

  • Fully operational, turnkey cannabis dispensary
  • Located in Marquette, Michigan’s scenic Upper Peninsula
  • Custom-built 2,000 SF retail building
  • Situated on a 2.51-acre lot with 50+ parking spots
  • Prime location on a high-traffic corridor with 15,000+ vehicles/day
  • Strong visibility, easy access, and room for future expansion
  • Zoned for a processing license
  • Seller financing available!

Market Highlights:

  • Marquette attracts hundreds of thousands of tourists annually
  • Drawn by Lake Superior, outdoor recreation, and a vibrant college-town atmosphere
  • Home of Northern Michigan University
  • Strong and growing customer base of both locals and visitors

Sale Includes:

  • Adult Use Retail License
  • Business
  • All FF&E (furniture, fixtures, and equipment)
  • Loyal customer list
  • Inventory negotiable
  • Lease $7000/month Gross

Investment Opportunity:

  • Limited competition in the region
  • Expanding cannabis market in Northern Michigan
  • Ideal for new operators or current operators seeking expansion 

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