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

View FullscreenMap

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

Contact

© Copyright 2001-2023 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.