HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?
Additional details
$ 995,000
Est. payment /mo
Active
111 W Genesee ST MI 48446
4,700 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Active
Purchase Type For Sale
Square Footage 4,700 sqft
Price per Sqft $211
Subdivision City Of Lapeer B Jennings Add
MLS Listing ID 20251012090
Year Built 2019
Lot Size 0.410 Acres
Acres 0.41
Property Sub-Type BusinessandRealEstate
Property Description
Exclusive Cannabis Dispensary – Real Estate + License | 111 W Genesee St, Lapeer, MI 48446
Property Overview:
Rare investment opportunity to purchase a fully renovated 4,700 SF cannabis dispensary in downtown Lapeer with real estate and retail license included. This turnkey facility was fully updated in 2019 and meets all state and local compliance standards. Located on a prominent corner with excellent visibility and foot traffic, the building is ideally positioned for continued cannabis retail operations or brand expansion.
Highlights:
Building Size: Approx. 4,700 SF
Sale Includes: Real estate + local dispensary license
License Rarity: Only 6 total licenses permitted in Lapeer – high barrier to entry
Renovated: Complete interior/exterior renovation in 2019
Zoning: Cannabis retail approved – fully compliant
Security: Equipped with state-mandated surveillance and access control systems
Visibility: Prime downtown location with strong traffic counts
Access: Close to I-69 and major regional corridors
Investment Appeal:
This is a limited-license market with virtually no new dispensary permits being issued. The combination of property ownership + license makes this asset ideal for owner-operators, expanding cannabis brands, or institutional investors. The asset is being delivered turnkey and can be operational immediately upon transfer.
Property Overview:
Rare investment opportunity to purchase a fully renovated 4,700 SF cannabis dispensary in downtown Lapeer with real estate and retail license included. This turnkey facility was fully updated in 2019 and meets all state and local compliance standards. Located on a prominent corner with excellent visibility and foot traffic, the building is ideally positioned for continued cannabis retail operations or brand expansion.
Highlights:
Building Size: Approx. 4,700 SF
Sale Includes: Real estate + local dispensary license
License Rarity: Only 6 total licenses permitted in Lapeer – high barrier to entry
Renovated: Complete interior/exterior renovation in 2019
Zoning: Cannabis retail approved – fully compliant
Security: Equipped with state-mandated surveillance and access control systems
Visibility: Prime downtown location with strong traffic counts
Access: Close to I-69 and major regional corridors
Investment Appeal:
This is a limited-license market with virtually no new dispensary permits being issued. The combination of property ownership + license makes this asset ideal for owner-operators, expanding cannabis brands, or institutional investors. The asset is being delivered turnkey and can be operational immediately upon transfer.
Location
State MI
County Lapeer
Area Area09132Lapeer
Interior
Heating ForcedAir, NaturalGas
Exterior
View Y/N No
Garage false
Building
Sewer PublicSewer
Water Public
New Construction No
Schools
High Schools Lapeer
School District Lapeer
Others
Senior Community false
Acceptable Financing Cash, Conventional, OwnerMayCarry
Listing Terms Cash, Conventional, OwnerMayCarry
Special Listing Condition ShortSaleNo, Standard
©2025 Realcomp II Ltd. Shareholders
Listed by Kevin George of Irongate Realty Group