Green Zone Grow Facility in Lansing MI

Industrial for Sale
Catylist Listing ID: 30794395
Property Subtypes: Light Industrial
Building Size (RSF): 9,920 SF
Gross Land Area: 1.74 Acres
Sale Price: $900,000
Unit Price: $90.73 PSF
Docks/Doors: 1 Dock, 2 Doors
Drive In Bays: 1 Bay
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Usable Size (USF): 9,920 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/16/2022

Overview / Comments

Clean Industrial Property in the Green Zone in Lansing that's in excellent condition. This property is in excellent condition and has a site plan approved for a marijuana grow facility that just needs the permits to be pulled. The buyer would need to apply for the Medical Class C grow license. It is non-transferable. The warehouse is approximately 6,080 sq ft with the ceiling height of 17' and 15' to the beam. The front of the build is approximately 3,792 sq ft with a ceiling height of 11' 6". Currently there is 3 Phase power with 240 volts which can easily be upgraded. All information is estimated and should be verified. Call David Misko at 248-207-7388 for more information.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Tax ID/APN: 33010106201017
Zoning: INDUSTRIAL, B-1
Property Located Between: N Waverly Rd & N Martin Luther King Jr Blvd
Site Description: Level
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 9,920 SF
Property Condition: Excellent
Year Built: 1977
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Overhead Cranes: Undisclosed
Volts: 240
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Other
Zoning Description: Green Zone, Industrial Business 1
Lot Frontage: 158
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,412 57,811 142,782
Median Age: 36.77 35.79 35.85
Households: 2,691 24,529 60,504

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