Adult Use Approved Cannabis Processing Facility

Industrial for Sale
Catylist Listing ID: 30836729
Property Subtypes: Flex Space, Food Processing, Research & Development, Other
Building Size (RSF): 4,800 SF
Gross Land Area: 0.55 Acres
Sale Price: $849,000
Unit Price: $176.88 PSF
Ceiling: 14 ft.
Docks/Doors: 1 Door
Drive In Bays: 1 Bay
Property Use Type: Vacant/Owner-User, Business
Usable Size (USF): 4,800 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 9/5/2023

Overview / Comments

Adult Use Approved, Operating Processing Facility For Sale! Real Estate, License and Equipment included.

The building has gone through extensive improvements to achieve an Adult Use Processing License in the City of Lansing in 2020. Full list of improvements see Broker.


Seller Financing with $300,000.00 Down Payment for qualified buyers.

Lease Terms available see Broker for details.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Taxing Authority: City of Lansing
Tax ID/APN: 33-01-05-03-126-026
Zoning: MX-C
Property Located Between: Jolly road Barr Avenue
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1964
Year Renovated: 2020
Roof Type: Gable
Construction/Siding: Metal Siding
Exterior Description: Fully Fenced in with card reader gate access, steel siding and roof.
Parking Type: Surface
Parking Description: Surface parking with 6 spots and Handicap parking in front of building, plenty of parking behind building.
Total Parking Spaces: 6
Eave Height: 14
Overhead Cranes: Undisclosed
Sprinklers: Other
Volts: 480
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Lighting: LED
Internet Access: Fiber Optic
Zoning Description: MX-C zoned under city of Lansing new Form Based Zoning. Building qualifies for Cannabis Processing Grandfathered in.
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Survey on file see Broker

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,497 81,540 203,877
Median Age: 36.81 33.56 33.29
Households: 4,968 33,100 80,673
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