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USAMILapeerCity of Lapeer B Jenning's Add111 W Genesee St
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$995,000

111 W Genesee St, Lapeer, MI

Real Estate

For Sale

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000
  • Key Facts
  • Description
  • Map

Key Facts

Type Businessand Real Estate
Levels Commercial Sale
Size 4700 sqft
Garage No
Maintenance Fees 
Taxes $12,999
Days Active 6
Approx. Age 2019
Avg. Price Per Sqft $211
MLS® Number 20251012090

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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.Show Description
MLS® Number20251012090
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2019
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatForced Air, Natural Gas
A/C
Heating Fuel

Extras

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