Michigan Industrial Location -Operating Caregiver Marijuana Grow

Retail-Commercial for Sale
Also listed as Industrial
Catylist Listing ID: 30794041
Property Subtypes: Free-Standing Building, Mixed Use, Other
Building Size (RSF): 8,300 SF
Gross Land Area: 0.44 Acres
Sale Price: $649,000
Unit Price: $78.19 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 5/10/2022

Overview / Comments

8,000 sq ft marijuana caregiver facility for sale in Flint. It is currently operating and includes all equipment (140 lights, dehumidifiers, CO2 system, generator).

With 21' ceilings, 1200 amps of power, and a backup generator system, it is perfect for cultivation. The building was recently remodeled inside and out, with a new rubber roof was installed in 2021, 35 tons of A/C, and a full security system.

At less than a mile from I-69 and 475, minutes from downtown Flint, and only an hour from Detroit, this property in conveniently located and easily accessible.

This property is also 2 variances away from being a commercial grow and Seller Financing is available!

Additional Details

Nearest MSA: Flint
County: Genesee
Taxing Authority: Flint
Tax ID/APN: 41-19-229-018
Retail Clientele: General, Business, Other
Property Located Between: Saginaw Street and 475
Property Visibility: Good
Largest Nearby Street: Saginaw Street
Feet of Frontage: 64
Traffic/Vehicle Count: 8,039
Highway Access: I-69 and 475 with one mile
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 8,300 SF
Property Condition: Good
Year Built: 1928
Year Renovated: 2021
Roof Type: Flat
Construction/Siding: Block
Parking Description: 10+
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Zoning Description: Commercial Improved
Lot Frontage: 64
Lot Depth: 234
Water Service: Municipal
Sewer Type: Municipal
Legal Description: THREAD LAKE SUBDIVISION. LOTS 13, 14 AND 16; ALSO THAT PART OF LOT 15 LYING WLY OF WLY LIMITED ACCESS R/W LINE OF HIGHWAY I-475

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,632 95,859 187,423
Median Age: 36.77 35.06 36.13
Households: 4,748 38,412 74,765

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