Catylist ID:
#30769814
Albion Cultivation & Processing Facility
Industrial
for Sale
Also listed as Vacant Land
| Catylist Listing ID: | 30769814 |
| Building Size (RSF): | 20,690 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 15.03 Acres |
| Sale Price: | $2,600,000 |
| Unit Price: | $125.66 PSF |
| Docks/Doors: | 1 Dock, 1 Door |
| Office SF: | 2,000 SF |
| Drive In Bays: | 1 Bay |
| Property Use Type: | Vacant/Owner-User |
| Building Name: | Albion Cultivation & Processing Facility |
| Sale Terms: | Other |
| Cap Rate: | Undisclosed |
| Last Updated: | 10/4/2022 |
Overview / Comments
|
Albion is in the process of adopting recreational cannabis ordinance. If passed, the property will qualify for unlimited recreational cultivation/processing licenses. Pricing is as follows: - Entire property 20,690 sq. ft./15 acres: $2,600,000 - 20,690 sq. ft. building on 6 acres: $1,850,000 - (3) 3-acre parcels for sale: $270,000 per parcel |
Attachments & Media
Financials
| Finance Data Year | 2020 |
|---|---|
| Real Estate Taxes - Annual($) | $18,370 (Annual) |
Additional Details
| Nearest MSA: | Battle Creek |
| County: | Calhoun |
| Tax ID/APN: | 51-006-464-00 |
| Zoning: | M1P |
| Property Located Between: | Elliott Rd./Burstein Dr. |
| Year Built: | 1969 |
| Overhead Cranes: | 1 |
| Sprinklers: | None |
| Heat Source: | Radiant |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 2,910 | 9,341 | 12,841 |
| Median Age: | 32.33 | 32.96 | 35.65 |
| Households: | 1,124 | 3,238 | 4,567 |
Contact
Jason M. KelmigianSignature AssociatesCPIX Member |
| © 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. |
