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Marquette, Michigan
  • Marquette, Michigan
  • Marquette, Michigan
  • Marquette, Michigan
  • Marquette, Michigan
  • Marquette, Michigan
  • Marquette, Michigan
  • Marquette, Michigan

Marquette, Michigan

Asking Price: $799,900

Asset Type: Turnkey Dispensary

Building Size: 2,000 sqft. | 2.51 acres

- Full description below -
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Marquette, Michigan

🌿 Profitable Turnkey Cannabis Dispensary | $2.5M Annual Revenue | High-Traffic Tourist Corridor | Seller Financing Available


📊 Investment Highlights

  • Asking Price: $799,900 (Business + License + FF&E — Real Estate Not Included)

  • Property Type: Retail / Mixed Use

  • Sub Type: Storefront / Cannabis Dispensary

  • Building Size: 2,000 SF

  • Lot Size: 2.51 Acres

  • Class: A

  • Zoning: Commercial (Cannabis-Approved; Processing Eligible)

  • Tenancy: Single Operator

  • Lease Rate: $7,000/Month Gross

  • Parking: 50+ On-Site Spaces

  • Visibility: 15,000+ Vehicles Per Day

  • Year Built: 2020 (Custom-Built)

  • Ownership: Private

  • Financials: 2024 Gross Revenue — $2.5 Million | Profitable Margins

  • Financing: Seller Financing Available


🧾 Executive Summary

Seize a rare opportunity to acquire a high-performing, fully operational cannabis dispensary in Marquette, Michigan— the thriving gateway to the state’s Upper Peninsula cannabis market.

This custom-built 2,000 SF Class A retail dispensary sits on a 2.51-acre parcel with over 50 parking spaces, providing prime frontage along a high-traffic commercial corridor that sees 15,000+ vehicles daily. Designed for both operational efficiency and customer experience, the building features modern finishes, ADA accessibility, secure infrastructure, and the potential to expand the operation to include processing on the same site.

With $2.5 million in gross annual revenue (2024) and healthy profit margins, this dispensary is a proven business model backed by consistent local and tourist demand. The sale includes the adult-use retail license, business entity, all FF&E (furniture, fixtures, and equipment), and a loyal customer database, offering a truly turnkey operation.

Inventory is not included but negotiable, and seller financing is available, making this an accessible opportunity for both experienced operators and new market entrants seeking immediate profitability in a stable, high-traffic location.


🏢 Property Overview

  • Address: Marquette, Michigan (Exact Address Upon NDA)

  • Building Size: 2,000 SF

  • Lot Size: 2.51 Acres

  • Year Built: 2020 (Modern Construction)

  • Zoning: Commercial (Cannabis-Approved; Processing Permitted)

  • Tenancy: Single Occupant (Dispensary)

  • Lease Rate: $7,000 / Month (Gross)

  • Parking: 50+ Dedicated Spaces

  • Visibility: 15,000+ Cars Daily

  • Condition: Turnkey, Fully Operational

  • Infrastructure: ADA Compliant, Modern Systems

  • Expansion: Room for Processing Addition

  • Utilities: Public Water/Sewer, High Power Capacity

  • Ownership: Private

  • Financing: Seller Financing Available


📍 Location Advantage

Marquette serves as the economic and cultural hub of Michigan’s Upper Peninsula, attracting hundreds of thousands of visitors annually drawn to its Lake Superior shoreline, hiking trails, and outdoor recreation. The presence of Northern Michigan University infuses the area with steady year-round traffic, while the tourism surge in spring and summer amplifies retail footfall and cannabis sales volumes.

The dispensary’s location along a key regional thoroughfare ensures maximum visibility and accessibility for both local residents and tourists, creating a diverse and loyal customer base. With limited local competition and strong municipal support for cannabis businesses, Marquette continues to be one of Northern Michigan’s most promising cannabis markets.


💡 Business Offering Summary

  • ✅ Profitable, fully operational cannabis dispensary generating $2.5M in 2024 revenue

  • 🌿 Includes Adult-Use Retail License + Business + FF&E + Customer List

  • 🏢 Modern 2,000 SF building on 2.51 acres with 50+ parking spaces

  • 🚗 Prime high-traffic corridor (15,000+ vehicles/day)

  • 📈 Room for future expansion — zoned for processing

  • 💰 Seller financing available for qualified buyers

  • 🧩 Inventory negotiable | Lease at $7,000/month gross

  • 📍 Located in a high-tourism market with strong year-round demand


Market Intelligence Property

This opportunity is included as part of GreenZones' ongoing coverage of cannabis commercial real estate activity in this market.

View the complete market overview, licensing data and additional opportunities:
Michigan Market Intelligence → https://www.greenzones.us/michigan

Interested in this property? Use Connect with Listing Broker above and GreenZones will help route your inquiry to the appropriate property contact when available.

Are you the listing broker or property representative?
Manage or market this opportunity with GreenZones. Explore Placement Options → https://www.greenzones.us/add-listing

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