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$995,000
9 Days On Site

111 W Genesee Street
Lapeer City, MI 48446

For Sale|Business|Active
0
Beds
0
Total Baths
4,700
SqFt
$212
/SqFt
2019
Built
Subdivision:
CITY OF LAPEER B JENNINGS ADD
County:
Lapeer
111 W Genesee Street111 W Genesee Street111 W Genesee Street111 W Genesee Street
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Monthly Payment (Est.)

$4,540
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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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Listing Snapshot
Price 
$995,000
Days On Site 
9 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,700 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.41 Acres
Year Built 
2019
MLS® Number 
20251012090
Status 
Active
Property Tax 
$12,999
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Owner
Friends & Family
Recent Activity
4 days agoPrice changed to $995,000
4 days agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.41
Additional Property Use 
Retail
Cross Street 
N Saginaw St and W Genesee St
Property Sub Type 
Business
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
4700
SqFt Total 
4700
Stories 
One
Water Source 
Public
Zoning 
Commercial
Interior Features
Heating 
Forced AirNatural Gas
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Exterior Features
Construction Details 
Brick
Community Features
Financing Terms Available 
CashConventionalOwner May Carry
MLS Area 
Area09132Lapeer
Roads 
Paved
School District 
Lapeer
Schools
School District
Lapeer
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Irongate Realty Group: [email protected]



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IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
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