Catylist ID:
#30786406
Cultivation and Processing Mt. Morris Township **Land Contract Terms**
Industrial
for Sale
| Catylist Listing ID: | 30786406 |
| Property Subtypes: | Free-Standing, Light Industrial, Warehouse/Distribution |
| Building Size (RSF): | 8,300 SF |
| Gross Land Area: | 1.09 Acres |
| Sale Price: | $895,000 |
| Unit Price: | $107.83 PSF |
| Ceiling: | 16 ft. / 14 ft. Clear |
| In Opportunity Zone? | Yes |
| Property Use Type: | Vacant/Owner-User |
| Usable Size (USF): | 8,300 SF |
| Sale Terms: | Cash to Seller, Owner Financing |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/11/2023 |
Overview / Comments
|
8,300 Square Foot Industrial Building. Approved for Cultivation and Processing of Recreational and Medical marijuana. Building is Block and Steel, solid construction, white box condition, very clean!! Power available for upgrade, ready for build out. Experienced Cannabis Real Estate Seller agrees to work with the Municipality to approve the Buyer for a Marijuana License transfer prior to closing. Forty minutes North of Pontiac on I-75, One-half mile from I-75 at Exit 122. One mile from Sky Mint, Jars, and Cookies retail locations on Pierson Road. One mile away from a marijuana transporter, and other licensed Marijuana Cultivators. Back parking lot completely fenced in with Six foot chain link and Sixteen foot rolling gate in excellent condition. Fence is covered with black privacy screen. Can easily add security electronic gate operator. Seller will epoxy floors or give a concession to finish. Land Contract Terms $400,000 Down Payment!! |
Additional Details
| Nearest MSA: | Flint |
| County: | Genesee |
| Taxing Authority: | Mt. Morris Township |
| Tax ID/APN: | 14-27-576-334 |
| Zoning: | M-1 INDUSTRIAL |
| Highway Access: | I-75 at Exit 122 |
| Airports: | Flint Bishop International Airport |
| Site Description: | Chain link Fenced in Back of the building with black privacy screen and rolling gate entrance. |
| Tenancy: | Single Tenant |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Typical SF / Floor: | 8,300 SF |
| Property Condition: | Excellent |
| Year Built: | 1967 |
| Year Renovated: | 2021 |
| Roof Type: | Flat |
| Construction/Siding: | Block, Steel Frame |
| Exterior Description: | Block and Steel, roof is White TPO in good condition, Two coats of Outdoor enamel on all walls. |
| Parking Type: | Surface |
| Parking Description: | Sealed and Striped good condition |
| Total Parking Spaces: | 24 |
| Eave Height: | 16 |
| Overhead Cranes: | Undisclosed |
| Sprinklers: | None |
| Amps: | 400 |
| X-Phase: | 3 |
| Heat Type: | Suspended Radiant Heaters |
| Air Conditioning: | Package Unit |
| Lighting: | LED |
| Interior Description: | Remodeled in December of 2021. LED lights throughout, Industrial enamel, 2-new 36" commercial steel doors, 1-heavy duty Commercial Double door with a steel gate, 1-heavy duty Commercial steel door with a steel gate. Many locations to add overhead doors. |
| Zoning Description: | C-2 Commercial |
| Lot Frontage: | 323 |
| Lot Depth: | 148 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Legal Description: | LOTS 1 THRU 4 & 23 THRU 26 & E 1/2 LOT 22 BLK 6 MAYFAIR NO 1 (22) COMBINED ON 2/1/2022 FROM 14-27-576-073, 14-27-576-074, 14-27-576-085 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 12,227 | 73,567 | 154,621 |
| Median Age: | 35.96 | 35.54 | 36.18 |
| Households: | 4,677 | 28,480 | 61,586 |
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