918 County Road 480 Marquette, MI $ 799,900
918 County Road 480
$ 799,900
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918 County Road 480

Marquette, MI, 49855
$ 799,900
Bedrooms-- Baths-- Sq 2,000

Monthly Estimate*

$ 4,990

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Commercial Property for sale in Marquette, MI

for $799,900. This 2,000 square foot building was built in 2020 on a lot size of 10.13.

Seize the opportunity to own a profitable, fully operational cannabis dispensary in Marquette located in Michigan’s beautiful Upper Peninsula. This custom-built 2,000 SF retail building sits on 2.51 acres along a busy corridor with 15,000 cars passing daily, offering excellent visibility, easy access, ample parking, and room for future expansion on the property to include a processing. Marquette’s scenic Lake Superior shoreline, vibrant Northern Michigan University town atmosphere, and year-round outdoor recreation attract hundreds of thousands of tourists annually, creating a strong customer base of both locals and visitors. In 2024, this dispensary generated $2.5 million in gross revenue, with solid profit margins. The sale includes adult-use retail license, business, all furniture, fixtures, and equipment, and a loyal customer list. Inventory is not included but is negotiable. Lease rate $7000/month gross. REAL ESTATE NOT INCLUDED. This property is a prime investment opportunity for operators looking to enter or expand in Michigan’s cannabis industry. Seller financing available!

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Commercial Active

Price

$ 799,900

Property Type

Commercial

Taxes

$ 4,049

Style

BusinessandRealEstate

Lot Size

10.13

Year Built

2020

Town/City

Marquette

County/Region

Marquette

MLS | Web ID

20251007618

Features
General
Sewer SepticTank
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Construction Materials SteelSiding
Year Built 2020
Levels One
Property Subtype BusinessandRealEstate
Current Use Commercial
County Marquette
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions South of County Road 480 West of County Road 553
City MarquetteCity_Marquette
Senior Community Y/N N
High School District Gwinn
Zoning Description Commercial
MLS Area Area52052Marquette
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 4049.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 92300
Expected Active Date 2025-06-11
Legal Description SEC 16 T47N R25W 2.514A PRT OF SE 1/4 OF SE 1/4 BEG 545.83' AND 450' N OF SE SEC COR TH W 207.62' TH N 587.61' TO SE'LY ROW CO RD 480 TH S60DEG26'E 237.82' ALG ROW TH S 467.61' TO POB (PARCEL C)
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Exterior
Water Source Well
Spa N
Building Area Total 2000.0
Lot Dimensions 220x470x210x450
Lot Size Acres 10.13
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2000.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 918
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* Excluded Features
List By
Hiba Hakim

Listing Agent

Odessa Properties

Broker

(586) 337-6800

Phone

Affordability Calculator

$5,328
Per Month
94%
6%
0%
Monthly Principal & Interest
$4,990
Monthly Property Taxes
$337
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4924979 Elementary School
4924981 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/24/2025$799,900 -57.68% Price Down
6/12/2025$1,890,000 Listed Price

Map


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918 County Road 480, Marquette, MI, 49855 is a Commercial Property for sale at $799,900 with 2,000 sqft and a lot size of 10.13. 918 County Road 480 was built in 2020. The property's zip code is 49855 which is in Marquette, MI