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.
|
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 |
© Copyright 2001-2022 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.
|