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Michigan Cannabis Businesses & Properties For Sale & Lease

Michigan cannabis businesses, dispensaries, and properties for sale and lease on 420 Property. Michigan runs one of the highest-volume adult-use markets in the country - and one of its most competitive, with uncapped state licensing pushing prices down and consolidation up. For buyers, that means genuine value: operating businesses, cultivation facilities, and real estate trade at some of the most rational prices in cannabis, and distressed assets surface regularly. Municipal opt-in still matters - approved locations in opted-in communities hold their worth. Detroit, Grand Rapids, and Ann Arbor anchor demand. Dig in through dispensaries for sale, cultivation businesses, and distressed sales - or jump straight to Detroit and Grand Rapids - or scan the full Michigan inventory below. Have a Michigan property, business, or license to sell? List it free on 420 Property - Featured Listings reach even more of this market's buyers.

167 listings found

Albion – Partial Turnkey Cultivation Facility
Albion – Partial Turnkey Cultivation Facility

1009 Industrial Boulevard, Albion, MI, USA

Partially turnkey Cultivation facility available for sale or for lease.License not included, and the new operator will need to apply through the City

Warehouse/ Industrial For Lease

Albion – Partial Turnkey Cultivation Facility

1009 Industrial Boulevard, Albion, MI, USA

Partially turnkey Cultivation facility available for sale or for lease.License not included, and the new operator will need to apply through the City

Warehouse/ Industrial For Sale

Looking for an owner operator with a Sweat Equity investment
Looking for an owner operator with a Sweat Equity investment

Lansing, MI, USA

An established and currently profitable cannabis dispensary in Lansing, Michigan is seeking a motivated owner-operator partner. This is a rare chance

Joint Venture Opportunities

Warren – Municipal Approved/Licensed Retailer Facility

26620 Dequindre Road, Warren, MI, USA

Municipal approved/licensed Adult-Use Retailer Facility land availablefor sale – license and real estate included.The property consists of vacant la

Land For Sale

Detroit – Freestanding Retail/Industrial Buidling
Detroit – Freestanding Retail/Industrial Buidling

6030 East Eight Mile Road, Detroit, MI, USA

Freestanding industrial/retail building with prime frontage along East 8 Mile Road, available for lease.Open floor plan well-suited for retail and oth

Retail For Lease

Quick Federal Entry for Vertical Medical and Recreational with No Zoning

1874 East Elder Road, Mancelona, MI, USA

Federal Rescheduling opens the vertical door for quick market entry! This turn key facility in Northern Michigan was previously licensed as adult use

Warehouse/ Industrial For Sale

Existing Recreational Provisioning Center for sale with Real Estate

7957 East State Street, Central Lake, MI, USA

License & Real Estate included in asking price. Serious inquiries only & you will be expected to complete our NDA. Low ballers can stay home,

Retail Stores/ Dispensaries

Bay City – Former Operating/Turnkey Cultivation Facility

1701 Marquette Avenue, Bay City, MI, USA

Former operating and turnkey Cultivation Facility available for sale - includes the license and real estate.Positioned at a hard corner with direct vi

Greenhouses For Sale

4141 Joslyn Rd, Suite 300, Auburn Hills, MI – Adult Use Retail Facility
4141 Joslyn Rd, Suite 300, Auburn Hills, MI – Adult Use Retail Facility

4141 Joslyn Road, Auburn Hills, MI, USA

Adult Use Retail Facility-Auburn Hills, MI4141 Joslyn Rd., Suite 300, Auburn Hills, MI  48326OVERVIEW*Price includes state and municipal approvals +

Retail For Lease

Bangor – Operating Cultivation & Turnkey Processing Facility

737 Industrial Park Drive, Bangor, MI, USA

Operating Cultivation facility and turnkey formerly operating Processing facility available for sale - licenses and real estate included.Purpose-built

Greenhouses For Sale

Turnkey Cannabis Dispensary
Turnkey Cannabis Dispensary

Edmore, MI, USA

Turnkey cannabis dispensary located in central Michigan, on popular M-46. 1,500 square foot space. Parking lot as well as on street parking. Full furn

Retail For Lease

~47,100 SF Turnkey U.P. Cultivation For Lease
~47,100 SF Turnkey U.P. Cultivation For Lease

1415 Industrial Park Drive, Sault Sainte Marie, MI 49783, USA

Michigan Cannabis Properties is offering a fully built-out, turnkey indoor cultivation facility at 1415 Industrial Park Drive in Sault Sainte Marie, M

Warehouse/ Industrial For Lease

Turn-Key Operational Adult-Use Dispensary

New Buffalo, MI, USA

Turn-Key Operational Adult-Use DispensaryStrategically located on the US-12 Near Indiana Boarder and ChicagoPositioned as a fully integrated cannabis

Retail For Sale

High Revenue Michigan 4-Store Cannabis Retail Portfolio + Indoor Cultivation Facility Real Estate Included at 3 Locations CALL FOR OFFERS NOV 6th (Michigan) #2074 $1
High Revenue Michigan 4-Store Cannabis Retail Portfolio + Indoor Cultivation Facility Real Estate Included at 3 Locations CALL FOR OFFERS NOV 6th (Michigan) #2074

Michigan, USA

Take advantage of a unique opportunity to acquire a four-location cannabis retail portfolio in Southwest Michigan, strategically positioned near the I

Retail Stores/ Dispensaries

Turnkey Harrison Twp Grow (~11,000 SF)

42469 Irwin Drive, Harrison Township, MI, USA

are opportunity to acquire a fully built-out, ±11,000 square foot industrial facility in Harrison Township, formerly operational under a Michigan Cla

Commercial/Other For Sale

Jackson – Operating Indoor/Greenhouse Cultivation Facility

683 Sheridan Road, Jackson, MI, USA

Operating indoor and greenhouse cannabis Cultivation facility for sale - one (1) Class C Adult-Use Cultivation license and real estate included.Purpos

Warehouse/ Industrial For Sale

Ann Arbor – Operating Retailer Facility
Ann Arbor – Operating Retailer Facility

603 East William Street, Ann Arbor, MI, USA

Operating Retailer facility available for sale and sublease.Sale includes the Adult-Use Retailer License and leasehold rights - realestate not include

Retail For Lease

Ann Arbor – Operating Retailer Facility

603 East William Street, Ann Arbor, MI, USA

Operating Retailer facility available for sale and sublease.Sale includes the Adult-Use Retailer License and leasehold rights - realestate not include

Retail Stores/ Dispensaries

Warren – Freestanding Industrial/Cannabis Warehouse

23515 Blackstone Avenue, Warren, MI, USA

Freestanding industrial warehouse available for sale.Two (2) separately addressed suites can be occupied independently or combined for an individual u

Warehouse/ Industrial For Sale

Pontiac – Freestanding Light Industrial/Automotive Warehouse

870 Cesar E Chavez Avenue, Pontiac, MI, USA

Freestanding industrial/automotive warehouse available for sale.C-3 Corridor Commercial zoning within the Adult-Use Cesar Chavez overlay district allo

Commercial/Other For Sale

Positive EBITDA & Gross Revenue of $1.6M! Cannabis Retail Storefront For Sale Seller Wants to Make a Deal (Muskegon, Michigan) #2062 $1
Positive EBITDA & Gross Revenue of $1.6M! Cannabis Retail Storefront For Sale Seller Wants to Make a Deal (Muskegon, Michigan) #2062

Muskegon, MI, USA

Business Description:Presenting a rare opportunity to acquire a high-performing cannabis retail storefront free of debt with positive EBITDA and 2025

Retail Stores/ Dispensaries

Pontiac – Municipal Approved Retailer Facility

278-290 West Walton Boulevard, Pontiac, MI, USA

Municipal approved Retailer facility available for sale - license and real estate included.The property consists of a new construction freestanding bu

Retail For Sale

Mancelona Township – Agricultural/Cannabis/Land Development Opportunity
Mancelona Township – Agricultural/Cannabis/Land Development Opportunity

Scholl Road & Satterly Lake Road, Mancelona Township, MI, USA

Lease Rate: Contact Broker for PricingPrime agricultural flat land available for sale/lease, ready to be tilled; just off M-66 with convenient access

Land For Lease

Mancelona Township – Agricultural/Cannabis/Land Development Opportunity

Scholl Road & Satterly Lake Road, Mancelona Township, MI, USA

Prime agricultural flat land available for sale/lease, ready to be tilled; just off M-66 with convenient access to the US-131 freeway.This property is

Land For Sale

Gaylord – Freestanding Retail Building/Redevelopment Site
Gaylord – Freestanding Retail Building/Redevelopment Site

1385 West Main Street, Gaylord, MI, USA

LEASE PRICE: $20.00 PSF + NNN (Existing Building Rate)Freestanding building, with a curb cut along the main road, and (29) parking spaces - available

Retail For Lease

Burton – Former Operating/Turnkey Cultivation and Processing Facility

3245 Card Drive, Burton, MI, USA

Former Operating/Turnkey Cultivation and Processing facility available for sale - licenses and real estate included.Zoned M-2 General Industrial, perm

Warehouse/ Industrial For Sale

Jackson – Freestanding Industrial Warehouse

619 East Washington Avenue, Jackson, Michigan, USA

Freestanding industrial warehouse building available for sale.Zoned I-2 Industrial District, allowing for a wide range of industrial uses, including m

Warehouse/ Industrial For Sale

Walled Lake – Cannabis/Industrial Warehouse

850 Ladd Road building a, Walled Lake, MI, USA

Freestanding industrial/cannabis warehouse for sale, suitable for a variety of industrial owner/users or investors.Zoned I-1 Light Industrial, the pro

Warehouse/ Industrial For Sale

Turner – Former Operating Outdoor Cultivation

1579 West Bessinger Road, Turner, Michigan, USA

Former operating and turnkey Adult-Use Outdoor Cultivation operation available for sale—real estate and twenty (20) Class C Cultivation licenses inc

Commercial/Other For Sale

Fully Operational Outdoor Grow-Hanover, MI
Fully Operational Outdoor Grow-Hanover, MI

Wooden Rd, Hanover, Michigan, USA

Fully Operational Outdoor Grow1117 Wooden Road, Hanover, MI  49241OverviewIntroducing a fully operational, licensed cannabis cultivation facility in

Commercial/Other For Lease

Great Opportunity: Central NJ Cannabis Cultivation License + Permit-Ready Real Estate Available for Lease, JV, or Sale
Great Opportunity: Central NJ Cannabis Cultivation License + Permit-Ready Real Estate Available for Lease, JV, or Sale

New Jersey, USA

🌿 Incredible Opportunity: Central NJ Cannabis Cultivation License + Permit-Ready Real EstateAvailable for Lease, JV, or SaleApproved Annual Class 1

Commercial/Other For Lease

Adult-Use Cannabis Type 2 Processor & Distribution Licenses for Sale

New York, NY, USA

An exceptional opportunity to acquire one or both Active Adult-Use Cannabis Licenses under a clean, compliant, SEE-certified entity in New York State.

Manufacturing / Processing

Brooklyn Cash Flowing Dispensary

Park Slope, Brooklyn, NY, USA

Contact Jason at 424-374-6628 for more info on this listing and our other operational New York dispensaries Prime Brooklyn location -Open just o

Retail Stores/ Dispensaries

1500 SF Turnkey Licensed Cannabis Micro-business Space(Manufacturing + Distribution) – Prime Los Angeles Location
1500 SF Turnkey Licensed Cannabis Micro-business Space(Manufacturing + Distribution) – Prime Los Angeles Location

2408 South Broadway, Los Angeles, CA, USA

Turnkey Licensed Cannabis Micro-business Space – Prime Los Angeles LocationSecure, fully compliant opportunity to step directly into the cannabis in

Warehouse/ Industrial For Lease

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High Demand Tier 1 Processing & Distributor Cannabis Portable Licenses For Sale (New York, USA) #2076

New York, NY, USA

Great opportunity for portable Tier 1 Processing & Distribution licenses could be relocated anywhere in New York. This offers investors, operators

Distribution

New York Turnkey Cannabis Tier 1 Processing & Distribution Business For Sale w/ Established Retail Network! (Buffalo, New York) #2056

Buffalo, NY, USA

Position your business for immediate growth with this turnkey, licensed, and operating cannabis processing and distribution facility located in Wester

Distribution

Limited License Market Portable Cannabis License For Sale (City of West Hollywood, California) #2135

West Hollywood, CA, USA

Seize the chance to become a part of the booming cannabis industry with this Cannabis paper license, strategically situated in West Hollywood, Califor

Licenses For Sale

NY Cannabis Microbusiness License for Sale | 3,500 SF Indoor Cultivation | Non-SEE

Albany, NY, USA

NY Cannabis Microbusiness License for Sale | 3,500 SF Indoor Cultivation | Non-SEEASKING PRICE: $360,000LOCATION: Capital Region, Upstate New YorkPREM

Licenses For Sale