Kalkaska – Operating Cultivation and Processing Facility

Special Purpose for Sale
Catylist Listing ID: 30835303
Property Subtypes: Agricultural
Building Size (RSF): 19,200 SF
Gross Building Area: See Agent
Gross Land Area: 2.26 Acres
Sale Price: See Agent
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/13/2023

Overview / Comments

• Operating Adult-Use State Cultivation and Processing Facility available for sale, with two (2) Class C Cultivation licenses and a Processing License.
• The building features 5,836 SF of flowering canopy, 1,472 SF of vegetative canopy, and 676 SF of mother canopy. Three flower rooms fitted with Thrive Apex 300-watt LEDs, two flower rooms with Hydrofarm 1000-watt double-ended HPS, and one flower room with Fluence Viper 630-watt LEDs.
• Currently producing 250 pounds of premium cannabis monthly, sold in roughly 70+ retail locations across Michigan.
• A state-of-the-art facility with fully automated irrigation and dosing systems. A combination of Pipp racking system and rolling flood tables. Dehumidifiers and Humidifiers in dry rooms for optimal drying/curing. Environmental control by Trane Synchrony.
• Equipped with a C1D1 room, extraction equipment, and a commercial kitchen.
• This opportunity includes the rights to produce and sell "Ryba's Roots" Cannabis Infused Confections. A partnership between Classic Roots Farm, and Ryba's Fudge Shop, a famous Mackinac Island fudge company In Northern Michigan.
• An exceptional staff that would like to stay on provides this opportunity with immediate operational support and cash flow.
• A neighboring transportation company allows for low transport fees when distributing product throughout Michigan.
• Opportunity to purchase the adjacent property for expansion that is 33,129 SF and sits on 2.47 acres.
• In addition, opportunity to purchase the operational Classic Roots Farm retail store in Owosso, MI. More information can be provided upon inquiries.

Additional Details

Nearest MSA: Traverse City
County: Kalkaska
Tax ID/APN: 041-200-003-00
Year Built: 1980

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,053 2,232 6,270
Median Age: 41.28 37.68 38.35
Households: 441 890 2,466


Photograph of Listing Agent

Corbin Yaldoo

C3 CRE CPIX Member
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