Michigan Torch Lake Operating Retail Cannabis 7957 E State St 2,640 SF Retail Building Central Lake, MI 49622 $950,000 ($359.85/SF)

7957 E State Street offers the opportunity to acquire an established adult-use cannabis retail operation together with a mixed-use commercial property in the heart of Northern Michigan's Torch Lake region. Positioned within a well-traveled tourism corridor, the property benefits from year-round local patronage and significant seasonal visitation driven by the area's lakes, recreational amenities, and destination communities.
The approximately 3,000-square-foot building combines an operating dispensary on the main level with finished upper-level space suitable for office, administrative, or residential use. Existing retail improvements, security infrastructure, compliance systems, and dedicated parking provide a turnkey operational environment that allows for continued business activity with minimal additional investment. The mixed-use configuration offers flexibility for ownership, management, or supplemental operational functions within the same property.
Located in Central Lake, the property provides convenient access to several of Northern Michigan's most recognized destinations, including Torch Lake, Bellaire, Charlevoix, Petoskey, and Traverse City. This regional positioning supports a broad customer base drawn from both permanent residents and seasonal visitors. The property's established presence within the market and existing operational infrastructure create an opportunity to capitalize on an active retail platform rather than undertaking a new facility buildout.
For owner-operators seeking expansion or investors pursuing an operational cannabis asset, 7957 E State Street combines an established retail presence, mixed-use flexibility, and exposure to one of Northern Michigan's most visited recreational regions.