Bay City Cultivation Processing - New Build

Industrial for Sale
Catylist Listing ID: 30835608
Property Subtypes: Flex Space, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Warehouse/Distribution, Other
Building Status: Under Construction
Building Size (RSF): 14,080 SF
Gross Land Area: 2.49 Acres
Sale Price: $1,599,000
Unit Price: $113.57 PSF
Ceiling: 22 ft.
Property Use Type: Vacant/Owner-User
Building Name: Bay City Cultivation - New Build
Usable Size (USF): 14,080 SF
Sale Terms: Undisclosed, Cash to Seller, Purchase Money Mortgage, Owner Financing, Build-to-Suit, Other
Cap Rate: Undisclosed
Last Updated: 9/14/2023

Overview / Comments

Approved Cannabis Cultivation & Processing facility (with possibility of Dispensary) in Bangor Twp Michigan with a Bay City Mailing address. In process of built out and could be delivered 'As Is", completed in shell condition or additionally negotiated to be delivered to buyer in almost turn key to include fully built out with Lighting, Security, HVAC, Scrubbers, Dehumidifier/humidity control. Owner/Contractor was same Owner to build facility/property next door to subject (to North of this site) Contact Business Broker to gain access. Also to verify ability to perform and state approval status. Do not approach the property without listing broker present. or disturb contractors on site Buyer responsible for their own due diligence to verify all information. Additional contiguous acreage available for sale separately.
Contact Business Elwood.Biz Commercial and Business Broker 248-568-5958 (listed) to gain access. Also to verify ability to perform and state approval status. Do not approach the property without listing broker present. or disturb contractors on site Buyer responsible for their own due diligence to verify all information.

Additional Details

Nearest MSA: Bay City
County: Bay
Taxing Authority: Bangor Twp
Tax ID/APN: 0901003030003005
Zoning: INDUSTRIAL - CANNABIS CULTIVATION, PROCESSING
Property Located Between: Location: N. of E. Beaver Directions: N. Euclid to E. Beaver West and north on 2 Mile
Site Description: In process of built out and could be delivered 'As Is", completed in shell condition or additionally negotiated to be delivered to buyer in almost turn key
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 13,682 SF
Property Condition: Excellent
Year Built: 2023
Roof Type: Gable
Construction/Siding: Metal Siding
Parking Type: Surface
Overhead Cranes: Undisclosed
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Lighting: Other
Interior Description: In process of complete build out.
Zoning Description: approved for Cannbis Cutivation and processing, can add a Retail dispensary per municipality.
Lot Frontage: 250
Lot Depth: 625
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owner Occupied - Fee Simple
Legal Description: COM 625.12 FT N OF SW COR OF SEC TH N ON SEC. LINE 250 FT, TH S 88D14'30" E 433.67 FT, TH S 0D15'40"E 250.07 FT, TH N 88D14'30"W 435.81 FT, TO P.O.B. SEC. 30,T15N,R5E

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 984 15,267 44,118
Median Age: 49.81 45.17 41.81
Households: 420 6,444 18,225

Contact

Photograph of Listing Agent

J David Elwood

Elwood.Biz, pllc CPIX Member
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