CannaMLS ID: 26540

Turnkey Adult-Use Cannabis Dispensary & Mixed-Use Property for Sale in Central Lake, Michigan

Turnkey Cannabis Retail Opportunity 2,640 SF | Corner Location with Upper Loft/Office Space

Central Lake, MI 49622

Created 5/29/26 | Updated 5/29/26

Price

$ 950,000

Seller financing available

Turnkey adult-use cannabis dispensary for sale in Central Lake, MI. Operational retail business & mixed-use property in Northern Michigan's Torch Lake corridor.

Property
Licenses
General

Property

Address: 7957 E State Street, Central Lake, MI 49622
Property is: For sale
Property type: Retail, Mixed use
Purchase price: $ 950,000
Zoning: Mixed Use0.23
Lot size: 10,018.800 sq ft (0.230 acres)
Building size (sq ft): 2,640
Ceiling height (ft): 10
Power: 3-phase 800 amps
Parcel number: 054201006500

Property
Licenses
General

Property

Address: 7957 E State Street, Central Lake, MI 49622
Property is: For sale
Property type: Retail, Mixed use
Purchase price: $ 950,000
Zoning: Mixed Use0.23
Lot size: 10,018.800 sq ft (0.230 acres)
Building size (sq ft): 2,640
Ceiling height (ft): 10
Power: 3-phase 800 amps
Parcel number: 054201006500

Description

Established adult-use cannabis retailer and mixed-use commercial property located in Central Lake within Northern Michigan’s Torch Lake tourism corridor.

The approximately 3,000 SF property features an operating dispensary on the main level with finished upper-level residential or office space, established retail infrastructure, security/compliance systems, and dedicated parking.

Investment highlights include a tourism-driven consumer market supported by strong seasonal traffic and outdoor recreation, limited regional cannabis competition, strategic proximity to Torch Lake, Traverse City, Petoskey, Charlevoix, and Bellaire, and a turnkey operational setup with existing buildout and established market presence already in place. Ideal opportunity for an owner-operator or investor seeking Northern Michigan cannabis market entry or expansion.