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listing
1 of 15
CommercialFor Sale
$995,000
111 W Genesee
Lapeer, MI 48446
Courtesy of Irongate Realty Group
MLS: East Central AOR
4,700Sq Ft
Est. Mortgage
$5,236/mo

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.

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