CannaMLS ID: 20730
Created | Updated
Price
$ 4,200,000
Fully operational recreational & medical cannabis dispensary business and real estate for sale in Wayne, MI. Turn-key with expansion potential.
Address: 36900 Michigan Ave
Property is: For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Retail, Industrial
Purchase price: $ 4,200,000
Zoning: IB
Lot size (acres): 4.90
Building size (sq ft): 34,548
Ceiling height (ft): 15
Parking spots: 120
Parcel number: 55 005 99 0020 000
P.A. Commercial is pleased to present a rare opportunity to acquire Wayne Leaf, a fully operational and well-established recreational and medical cannabis dispensary located in Wayne, Michigan. This turn-key asset includes both the cannabis business and the real estate—comprised of a 34,548 SF warehouse/retail facility situated on a 4.9-acre parcel with excellent visibility and strong traffic counts along Michigan Avenue.
Originally constructed in 1964 and fully renovated in 2019, the property features a 10,000 SF custom-designed storefront complete with a drive-thru, modern interior buildout, and abundant on-site parking for 120 vehicles. The remaining 24,548 SF of vacant space offers a compelling opportunity for expansion—ideal for cultivation, processing, or auxiliary retail operations.
Strategically located in a limited-access cannabis city, Wayne Leaf benefits from restricted competition, strong local market share, and impressive brand recognition. Whether you’re an MSO looking to enter or expand in the Michigan market or an investor seeking a fully operational and scalable cannabis asset, Wayne Leaf delivers both a solid foundation and substantial upside potential.
This listing has an attachment:
Address: 36900 Michigan Ave
Property is: For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Retail, Industrial
Purchase price: $ 4,200,000
Zoning: IB
Lot size (acres): 4.90
Building size (sq ft): 34,548
Ceiling height (ft): 15
Parking spots: 120
Parcel number: 55 005 99 0020 000
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