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: | 1/31/2023 |
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 |
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