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Investment Highlights

  • Operational adult-use cannabis dispensary offered with real estate ownership.
  • Equipped with 21 point-of-sale systems for customer processing.
  • Property includes established retail infrastructure and licensing.
  • Located on US-12 near the Indiana border and Chicago market area.
  • Approximately 50 on-site parking spaces support customer traffic.
  • Digital LED signage provides visibility along the corridor.

Executive Summary

The property is positioned along US-12 near the Indiana border and within reach of the Chicago metropolitan area, providing access to a broad regional consumer base. Its location is intended to capture cross-border demand from neighboring states while benefiting from visibility along a heavily traveled corridor. The combination of an established operating business and fee-simple real estate creates flexibility for investors and operators seeking either a fully integrated acquisition or a platform for future expansion. According to the marketing materials, the dispensary generated approximately $700,000 in gross revenue during July 2026. The offering includes the operating business, adult-use cannabis licensing, retail infrastructure, established customer traffic, and associated real estate. The materials also indicate the potential for a transaction structure involving the operating business and existing lease rights in lieu of purchasing the underlying real estate.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 1
  • 5,500 SF
  • Retail
  • $6,254,550 CAD ($1,137.19 CAD/SF)
  • -
Sale Type Investment or Owner User
No. Parking Spaces 50
Sale Conditions High Vacancy Property
APN/Parcel ID 13-0017-0010-02-0
Description
The business is fully built out, actively operating, and designed to
support significant retail volume, with 21 point-of-sale systems
currently in place. The property also includes approximately 50 parking
spaces, providing substantial on-site capacity for customer traffic and
day-to-day operations. Demonstrating the strength of the existing
business, the dispensary generated approximately $700,000 in gross
revenue during the month of July alone.
Sale Notes
Positioned as a fully integrated cannabis retail acquisition, this offering
combines a licensed, operational adult-use dispensary with the
underlying real estate, creating a compelling opportunity to acquire both
an established operating platform and a strategically positioned physical
asset within a single transaction.

The acquisition includes the operational business, adult-use cannabis licensing, retail infrastructure, established customer traffic, and associated real estate. For groups that prefer a more asset-light structure, there is also the potential to acquire the operating business and assume the existing lease rights rather than purchasing the underlying real estate.

For an established operator seeking strategic expansion or an investment group pursuing exposure to the Michigan cannabis market, this offering provides immediate operational scale, proven revenue generation, substantial retail infrastructure, and the flexibility to structure the transaction around either real estate ownership or leasehold rights.
Unit Unit Size Condo Use Price NOI
Unit 1 5,500 SF Retail $6,254,550 CAD ($1,137.19 CAD/SF) -

Unit 1

Unit Size
5,500 SF
Condo Use
Retail
Price
$6,254,550 CAD ($1,137.19 CAD/SF)
NOI
-

Unit 1

Unit Size 5,500 SF
Condo Use Retail
Price $6,254,550 CAD ($1,137.19 CAD/SF)
NOI -
Sale Type Investment or Owner User
No. Parking Spaces 50
Sale Conditions High Vacancy Property
APN/Parcel ID 13-0017-0010-02-0
Description
The business is fully built out, actively operating, and designed to<br> support significant retail volume, with 21 point-of-sale systems<br> currently in place. The property also includes approximately 50 parking<br> spaces, providing substantial on-site capacity for customer traffic and<br> day-to-day operations. Demonstrating the strength of the existing<br> business, the dispensary generated approximately $700,000 in gross<br> revenue during the month of July alone.</li></ul>
Sale Notes
Positioned as a fully integrated cannabis retail acquisition, this offering<br> combines a licensed, operational adult-use dispensary with the<br> underlying real estate, creating a compelling opportunity to acquire both<br> an established operating platform and a strategically positioned physical<br> asset within a single transaction.<br> <br> The acquisition includes the operational business, adult-use cannabis licensing, retail infrastructure, established customer traffic, and associated real estate. For groups that prefer a more asset-light structure, there is also the potential to acquire the operating business and assume the existing lease rights rather than purchasing the underlying real estate.<br> <br> For an established operator seeking strategic expansion or an investment group pursuing exposure to the Michigan cannabis market, this offering provides immediate operational scale, proven revenue generation, substantial retail infrastructure, and the flexibility to structure the transaction around either real estate ownership or leasehold rights.</li></ul>

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 11,750 SF
Property Type Flex (Condo)
Property Subtype Flex
Building Class C
Floors 1
Typical Floor Size 11,750 SF
Year Built 1955
Lot Size 1.93 AC
Zoning S-3 - Service/Commercial
Not walkable
10/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
  • Listing ID: 41810040

  • Date on Market: 2026-08-19

  • Last Updated:

  • Address: 19015 Us-12 Hwy, New Buffalo, MI 49117

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