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    Lansing, MI Cannabis Properties for Sale

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    East Lansing, MI Ypsilanti, MI Okemos, MI Dewitt, MI Holt, MI Dimondale, MI Bath, MI Haslett, MI
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    Cannabis Cultivation Facility
    Updated: Jul 22
    Cannabis Cultivation Facility

    2305 N High Street, Lansing, MI 48906

    $493,900
    4,416 sqft 0.31 AC lot
    4,416‑square‑foot industrial building on a 0.31‑acre site
    Existing cultivation buildout remains in place
    Industrial zoning supports a range of permitted uses
    Block construction with concrete flooring; built in 1951
    Central air with multiple units and forced‑air natural gas heating
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    Cannabis Cultivation Facility
    Updated: Jun 10
    Cannabis Cultivation Facility

    921 Terminal Road, Lansing, MI 48906

    $299,000
    5,000 sqft 0.43 AC lot
    5,000‑square‑foot cultivation facility on 0.43 acres
    Existing cultivation equipment included in the sale
    Industrial zoning
    Roof, electrical, and plumbing improvements completed in 2020
    Brick and block construction
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    Turnkey Cannabis Cultivation Facility
    Turnkey Cannabis Cultivation Facility

    4600 N Grand River Ave, Lansing, MI 48906

    $795,000
    1,500 sqft 0.18 AC lot

    Cultivation facility in Lansing with processing space and highway access.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Upgraded Industrial Warehouse with Expansion Lot
    Upgraded Industrial Warehouse with Expansion Lot

    720 Terminal Road, Lansing, MI 48906

    $525,000
    6,048 sqft

    6,048 sq ft industrial warehouse with expansion potential in Lansing.

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    Climate-Controlled Light Manufacturing Facility
    Climate-Controlled Light Manufacturing Facility

    428 N Cedar St, Lansing, MI 48912

    Contact for pricing
    5,902 sqft 0.50 AC lot

    Block light manufacturing building with secured entry, small office, and climate-controlled production and storage areas.

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    Cannabis Cultivation & Processing Facility
    Cannabis Cultivation & Processing Facility

    515 N Larch St, Lansing, MI 48912

    Contact for pricing
    19,064 sqft

    Zoned DT-2 Urban Flex, offering dedicated cultivation rooms, office space, and secure gated parking for operations.

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    Open-Plan Flex Space
    Open-Plan Flex Space

    N 515 N Larch Street Unit SourceFi, Lansing, MI 48912

    Contact for pricing
    19,958 sqft

    DT-2 Urban Flex zoning suits traditional industrial and retail users with gated on-site parking.

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    Flex Space with Drive-In Bays
    Flex Space with Drive-In Bays

    1121 River St, Lansing, MI 48912

    Contact for pricing
    42,000 sqft

    Industrial flex property combining office, warehouse, loading, and cannabis cultivation and processing capabilities.

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    Cannabis Cultivation Facility
    Cannabis Cultivation Facility

    720 Terminal Rd, Lansing, MI 48906

    Contact for pricing
    6,048 sqft

    Upgraded light industrial facility with specialized cultivation rooms, processing areas, security infrastructure, and an adjacent expansion lot.

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    Former Cannabis Grow Facility
    Former Cannabis Grow Facility

    914 E Gier St, Lansing, MI 48906

    $225,000

    Former state-licensed facility with upgraded electrical capacity, HVAC systems, and secured on-site parking.

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    Cannabis Cultivation and Dispensary Portfolio
    Cannabis Cultivation and Dispensary Portfolio

    5025 S Pennsylvania Ave, Lansing, MI 48910

    Contact for pricing

    Four facilities leased back on an absolute net term, including cultivation operations, administration, and a dispensary store.

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    New Cannabis Dispensary Building
    New Cannabis Dispensary Building

    5245 N Grand River Ave, Lansing, MI 48906

    Contact for pricing

    Transferable license supports continued cannabis retail operations at this newly constructed property.

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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 12 Active listings in Lansing, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Warehouse with Pole Barn
    Warehouse with Pole Barn

    5010 S M 106, Stockbridge, MI 49285

    $849,900
    5,000 sqft 3.00 AC lot

    Commercial warehouse on 3 acres with private well and septic, plus a 60 by 120 pole barn.

    View details
    Cannabis Facility Building with Acreage
    Cannabis Facility Building with Acreage

    1500 Mcmillan Road, Owosso, MI 48867

    $595,000
    6,000 sqft 3.17 AC lot

    Whiteboxed commercial building with radiant ceiling heat and a recently resurfaced parking area.

    View details
    Cannabis Industrial Building
    Cannabis Industrial Building

    1500 MCMILLAN RD, Owosso, MI 48867

    $595,000
    6,000 sqft

    Whitebox industrial space with radiant ceiling heat, insulated construction, and a recently resurfaced parking area.

    View details
    Storefront Property With Pole Barn
    Storefront Property With Pole Barn

    5010 S M-106, Stockbridge, MI 49285

    $849,900
    7,400 sqft 3.00 AC lot

    Commercial storefront with tanning equipment, a leased medical marijuana operation, and well and septic service.

    View details

    Lansing, MI Cannabis Properties Market Trends and Statistics

    Explore 12 cannabis properties for sale in Lansing, MI, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 154,973 square feet of properties for sale, with an estimated market value of $2,337,900.

    Sale prices for weed farms in Lansing, MI start at $225,000, averaging $467,580, and reaching up to $795,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Cannabis Properties 16
    Horse & equestrian properties 1
    Farms 1

    Demographics Overview

    Population 161K
    Population Growth (5Y) +3.3%
    Median Household Income $58,292
    College Educated 13.8%

    High-Yield Neighborhoods for Investment

    Identify Lansing submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48906 $467.6K

    Taxes & Financing

    Tax Rate (average for all types) 5.48%
    Property Tax per SF $86.80 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Ingham County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Lansing fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Lansing, MI

    • 48906
    • 48912
    • 48910

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