Operating Dispensary with Real
For Sale
$895,000
4086 Davison Rd, Burton, MI 48509
Operating Dispensary for Sale Inspire Canna
Property Size7,400 SF
Lot Size1.28 Acres
Price / SF$120.95
Days on Market271
Property Features for 4086 Davison Rd
General Information
Standard status
Active
Property type
Drug stores, Other retail properties, Storefront properties, Individual retail properties, Retail properties & Spaces
Size
7,400 SF
Net Rentable
7,400 SF
Class
A
Total Parking Spaces
75
Elevators
No
Lot size
1.28 Acres
Occupancy
50%
Investment Type
Owner User
Net Operating Income
$198,000
Building Details
Year Built
1980
Year Renovated
2022
Buildings
1
Stories
1
Units
2
Listing Agency:
Epique Realty
(248) 923-4334
Listed By:
David
(248) 923-4334
Added: Nov 7, 2025
Changed: Mar 16
Investment Insights
Based on property information with market context.
This is an opportunity to acquire a fully operational dispensary business and real estate. The property is located on Davison Road in Burton, surrounded by businesses such as Family Dollar, Tim Hortons, and Rite Aid. The sale includes all fixtures, equipment, and licenses. The property features a modern, secure retail space with ample parking. The building size is 7,400 square feet, with only about half currently in use, presenting an opportunity to lease out the additional unit for income. The property includes an additional lot developed for overflow parking. The location benefits from high traffic and a strong local customer base. The business is fully compliant with Michigan’s cannabis regulations. The property is situated on a 1.28-acre lot. The intended use is for a dispensary. The property is being offered for sale including the real estate with additional lots for overflow parking.
Key Highlights
- Operating Dispensary offered for sale at 49% of the Gross Sales and includes real estate with additional lots for overflow parking. Additional Unit not in use could be leased out for additional income. Open/Operating Dispensary for sale in Genesee Co. Established Operating business and real estate available. Asking is for Improved operating Location /real estate and for bus. , Licensing, FF&E and 7,400 sf bldg (currently only occupying about half), and additional lot for overflow parking already developed as such. Please do not disturb employees or its customers. Seller will not negotiate with any party whom has disturbed the current operating business. Business Offered for sale exclusively through Elwood.Biz and Epique Realty.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $114.6k | $15.48 |
| − Vacancy | −$4.8k | −$0.65 |
| EGI | $109.7k | $14.83 |
| − OpEx | −$32.9k | −$4.45 |
| NOI | $76.8k | $10.38 |
7,400 SF · lease $15.48/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.10M
$960.2K – $1.28M
NOI $76,819 @ 7.0% cap · market cap 8.58%
Second Best
Specialty Retail
$937.3K
$820.2K – $1.09M
NOI $65,614 @ 7.0% cap · market cap 7.33%
Theoretical Best
Office A
$1.56M
$1.36M – $1.82M
NOI $109,001 @ 7.0% cap · market cap 12.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
132
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48509, MI
9,568
Population
4,166
Households
2.3
Avg Household Size
44
Median Age
16%
College-Educated
91%
High-School Grad
8.8 sq mi
ZIP Area
1,087
Density / Sq Mi
$64,385
Median Household Income
$35,417
Median Earnings
$1,061
Median Rent
$127,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Mehulkumar V. Sureja, RPH — 5323 E Court St N, Burton, MI 48509
- Walmart Pharmacy — 5323 E Court St N, Burton, MI 48509
- Youth Glow Inner and outer beauty. . Located Inside of nurting U spa — 5515 Davison Rd, Burton, MI 48509
- Shale's Case Management, LLC — 5161 E Court St N #3, Burton, MI 48509
- Exquizit beauty bar — 4545 E Court St suite A, Burton, MI 48509
Frequently Asked Questions
What type of property is this?
Drug store - Operating Dispensary for Sale Inspire Canna
Where is this drug store located?
The property is located at 4086 Davison Rd Burton, MI.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Operating Dispensary offered for sale at 49% of the Gross Sales and includes real estate with additional lots for overflow parking. Additional Unit not in use could be leased out for additional income. Open/Operating Dispensary for sale in Genesee Co. Established Operating business and real estate available. Asking is for Improved operating Location /real estate and for bus. , Licensing, FF&E and 7,400 sf bldg (currently only occupying about half), and additional lot for overflow parking already developed as such. Please do not disturb employees or its customers. Seller will not negotiate with any party whom has disturbed the current operating business. Business Offered for sale exclusively through Elwood.Biz and Epique Realty.
