560 E Broadway, MI 49444
560 E Broadway, MI 49444
560 E Broadway, MI 49444
560 E Broadway, MI 49444
560 E Broadway, MI 49444
560 E Broadway, MI 49444
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David Godin

David Godin

+1(586) 416-0600
$ 2,950,000
Est. payment | /mo

17,981 SqFt

Save
$ 2,950,000
Est. payment | /mo
Save

17,981 SqFt

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 17,981 sqft

Price per Sqft $164

Subdivision Mi

MLS Listing ID 80070548

Year Built 1978

Lot Size 1.550 Acres

Acres 1.55

Lot Dimensions 245X255

Property Sub-Type Commercial/Industrial

Property Description

Presenting a rare opportunity to acquire a fully licensed, turnkey commercial cannabis cultivation facility in Muskegon Heights, Michigan. This purpose-built 17,981-square-foot industrial facility sits on 1.55 acres and has been thoughtfully designed to support efficient, large-scale cultivation while meeting all Michigan Cannabis Regulatory Agency (CRA) compliance standards. The property includes one Class C Adult-Use Cultivation License with a 2,000-plant capacity and one Class C Medical Grower License with a 1,500-plant capacity, providing a combined licensed canopy of 3,500 plants. The licenses are transferable through the sale of the operating entity, allowing a buyer to acquire an established cultivation platform without the delays of the licensing process. The facility is fully operational and equipped with 1,200-amp, 480-volt, 3-phase electrical service, ten electrical panels including two new 277V panels, a TrolMaster automation system controlling lighting and CO2, ten 10-ton MRV5 rooftop HVAC units, 18 commercial dehumidifiers, and a comprehensive security system featuring 52 cameras with 30-day video retention, PIN-code access to each grow room, monitored alarms, and full CRA compliance. Metrc track-and-trace history, inspection records, and operational documentation are available to qualified buyers upon execution of a mutually acceptable Letter of Intent. Seller financing is available with $1.5 million down on an interest-only, three-year term at an attractive rate, creating a compelling opportunity for operators and investors seeking immediate production capacity in one of Michigan's most established cannabis markets. Pictures of grow-rooms and security room available upon request.

Location

State MI

County Muskegon

Area Muskegon Twp (61012)

Zoning Industrial

Interior

Heating Forced Air

Cooling Central A/C, Humidity Control, Other

Exterior

Parking Features Parking Lot

Roof Type Composite

Building

Foundation Slab

Water Public Water

Structure Type Aluminum,Block,Steel

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Commercial Loan,Exchange/Trade

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Berkshire Hathaway Home Svcs

Schools and Properties Nearby

David Godin

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(586) 416-0600

davidgodin@hotmail.com

101 W Big Beaver Rd, Troy, MI, 48084, USA

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560 E Broadway