Approved Cannabis Cultivation in Saginaw

Industrial for Sale
Catylist Listing ID: 30835559
Property Subtypes: Flex Space, Manufacturing, Mixed Use, Light Industrial, Warehouse/Distribution, Other
Building Size (RSF): 20,470 SF
Gross Land Area: 1.86 Acres
Sale Price: $500,000
Unit Price: $24.43 PSF
Ceiling: 16 ft. / 13 ft. Clear
Docks/Doors: 2 Docks, 2 Doors
Drive In Bays: 2 Bays
Property Use Type: Vacant/Owner-User
Building Name: Saginaw Cannabis Cultivation
Usable Size (USF): 20,470 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage, Owner Financing, Other
Cap Rate: Undisclosed
Last Updated: 3/3/2023

Overview / Comments

Most reasonable Price per square food offered in area for Cannabis approved site. Strategically positioned to take advantage of ease in logistics given the seamless transportation with major highways such as I-75 and I-675, I-96. Already approved for Cannabis Cultivation but can be used for any other industrial / Light Industrial use. Municipally Approved for a Class C Recreational Cultivation license and municipally eligible for Processing, Secure Transport, or Safety Compliance. 1.86 acres with 2 separate buildings. One building is 14,170sq ft (+/-) with two truck loading docks, 13 ft ceilings, 200 amps, and 3 phase. The second building is 6,300 sq ft (+/-) with 16 ft ceilings and overhead doors. Property is completely fenced. Great property for contractors, lawn service, landscaping, manufacturing, etc. Land contract terms All reasonable offers considered!
Contact Listing office for showing arrangements and all discussions. Buyer to verify all information and secure approvals with city for their own operations.

Attachments & Media

Additional Details

Nearest MSA: Saginaw
County: Saginaw
Taxing Authority: Saginaw
Tax ID/APN: 90-90-1-05-4000-000
Zoning: NDUSTRIAL AND APPROVED FOR CANNABIS CULTIVATION PROCESSING
Property Located Between: Sheridan Ave & E. Genesee Ave
Highway Access: Close proximity to I-75 and I-675, I-96.
Site Description: Already approved for Cannabis Cultivation but can be used for any other industrial / Light Industrial use. Municipally Approved for a Class C Recreational Cultivation license and municipally eligible for Processing, Secure Transport, or Safety Compliance. 1.86 acres with 2 separate buildings. One building is 14,170sq ft (+/-) with two truck loading docks, 13 ft ceilings, 200 amps, and 3 phase. The second building is 6,300 sq ft (+/-) with 16 ft ceilings and overhead doors. Property is completely fenced
Area Description: Strategically positioned to take advantage of ease in logistics given the seamless transportation with major highways such as I-75 and I-675, I-96.
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Good
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: 2 separate buidings and property is entirely fenced on corner
Parking Type: Surface
Parking Description: Fenced Parking Fenced property
Overhead Cranes: Undisclosed
Amps: 200
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Lighting: Fluorescent
Interior Description: One building is 14,170sq ft (+/-) with two truck loading docks, 13 ft ceilings, 200 amps, and 3 phase. The second building is 6,300 sq ft (+/-) with 16 ft ceilings and overhead doors.
Zoning Description: Already approved for Cannabis Cultivation but can be used for any other industrial / Light Industrial use. Municipally Approved for a Class C Recreational Cultivation license and municipally eligible for Processing, Secure Transport, or Safety Compliance
Lot Frontage: 165
Lot Depth: 490
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owner Occupied - Fee Simple
Legal Description: W.165.05 FT.OF E.175.05 FT.OF THAT PART OF S.W.1/4 OF SEC.30,T.12 N.,R.5 E. LYING N.OF C.S.& M.R.R.RIGHT OF WAY,EXC.S.250 FT.ALSO EXC.N.33 FT.TAKEN FOR E.HOLLAND AVE.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,210 60,557 103,344
Median Age: 34.94 34.49 37.53
Households: 4,290 23,514 41,711

Contact

Photograph of Listing Agent

J David Elwood

Elwood.Biz, pllc CPIX Member
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