Operating MI Marijunan Dispensary
Industrial
for Sale
| Catylist Listing ID: |
30826869 |
| Property Subtypes: |
Free-Standing, Manufacturing, Light Industrial, Research & Development, Warehouse/Distribution, Other
|
| Building Size (RSF): |
24,000 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
5.70 Acres
|
| Sale Price: |
$3,495,000 |
| Unit Price: |
$145.63 PSF |
| Ceiling: |
20 ft. |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Sale Terms: |
Cash to Seller, Owner Financing |
| Cap Rate: |
Undisclosed |
| Last Updated: |
1/25/2023 |
Overview / Comments
|
This operating Michigan marijuana dispensary and grow facility is right next to the Indiana border. The adult-use cannabis retailer has been operating for just under a year. The seller has not applied for a delivery permit (a big upside opportunity for a buyer!). The built-out cultivation area is not operating, but it is turn-key includes equipment, and is ready for plants.
|
Additional Details
| Nearest MSA: |
Sturgis |
| County: |
Saint Joseph |
| Tax ID/APN: |
052 605 023 00 & 052 605 022 00 |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
24,000 SF |
| Year Built: |
1982 |
| Year Renovated: |
2020 |
| Construction/Siding: |
Metal Siding |
| Parking Type: |
Surface |
| Overhead Cranes: |
Undisclosed |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
4,869 |
13,834 |
19,268 |
| Median Age: |
29.47 |
34.07 |
36.6 |
| Households: |
1,679 |
5,143 |
7,169 |
|
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