Clean Industrial Building In Northern MI - Permitted for Cultivation
Industrial
for Sale
| Catylist Listing ID: |
30802852 |
| Property Subtypes: |
Flex Space, Manufacturing, Mixed Use, Light Industrial, Warehouse/Distribution, Other
|
| Building Size (RSF): |
24,000 SF
|
| Gross Land Area: |
7 Acres
|
| Sale Price: |
$1,200,000 |
| Unit Price: |
$50 PSF |
| Ceiling: |
18.7 ft. |
| Docks/Doors: |
7 Doors |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Business |
| Usable Size (USF): |
24,000 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/1/2022 |
Overview / Comments
For Sale - Municipally permitted Class C cultivation industrial building in Cheboygan. There is 24,000 sq. ft. of mostly open space, 3-Phase, 800 amps of power and a busbar throughout the warehouse. Additional power can be brought to the property with the submission of a load sheet to the power company and their review.
This is a great location to supply both Northern Michigan and the Upper Peninsula with your product! This property can be sold as a package deal with a licensed/operating dispensary located at 414 N Main Street, Cheboygan, MI 49721.
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Additional Details
| Nearest MSA: |
Detroit-Warren-Dearborn |
| County: |
Cheboygan |
| Taxing Authority: |
Cheboygan |
| Tax ID/APN: |
053-C06-001-008-15 |
| Zoning: |
INDUSTRIAL |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
24,000 SF |
| Property Condition: |
Excellent |
| Year Built: |
1980 |
| Construction/Siding: |
Metal Siding |
| Parking Type: |
Surface |
| Overhead Cranes: |
4 |
| X-Phase: |
3 phase, 800 amps, 480V, 300 A/V |
| Heat Type: |
Electricity |
| Heat Source: |
Radiant |
| Zoning Description: |
Industrial |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Legal Description: |
PLAT OF SUPR JOSEPH CASWELL'S FIRST ADDITION TO CITY OF CHEBOYGAN, THE S 1/2 OF: PT OF LOT 8, DESC AS: COM AT NW COR OF SE1/4 OF SE1/4, SEC 25, T38N,R2W; TH S 88D 54M 45S E ALG N LI OF SD SE1/4 OF SE1/4, 80FT TO ELY ROW OF MM RIGGS DR; TH S 00D 04M 10S W ALG SD ROW LI 66FT TO SLY ROW LI OF WEBB DR; TH S 00D 04M10S W ALG ELY ROW LI OF MM RIGGS DR 260FT TO POB; TH CONT S 00D 04M 10S W 619.90FT TO A PTE 330FT N OF NLY ROW LI OF STATE ST;TH S 89D 11M 05S E & PARA TO SD NLY ROW LI OF STATE ST 706.10FT; TH N 00D 04M 10S W 616.58FT; TH N 88D 54M 45S W 704.65FT TO POB. (SEC 25, T38N,R2W) **ALSO** PLAT OF SUPR JOSEPH CASWELL'S FIRST ADDITION TO CITY OF CHEBOYGAN, PT OF LOT 8 DESC AS: COM SW COR LOT 9; TH W 276FT M/L TO E R/W MM RIGGS DR; TH N 00D 04M 10S E 330FT; TH E 276FT M/L TO NW COR LOT 9; TH S 330FT TO POB. (SEC 25, T38N,R2W) COMBINED ON 2/6/19 INTO 053-C06-001-008-01 & 053-C06-001-008-07 626/251;1000/125;1081/534;1173/824;1184/300;1187/821;1224/410;1299/699;1363/670;1407/972 390 RIGGS |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
2,044 |
6,319 |
8,470 |
| Median Age: |
40.43 |
42.83 |
43.04 |
| Households: |
872 |
2,654 |
3,501 |
|
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