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$ 2,950,000
Est. payment /mo
Active
560 E Broadway Muskegon Twp, MI 49444
17,981 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 17,981 sqft
Price per Sqft $164
MLS Listing ID 78080070548
Year Built 1978
Lot Size 1.550 Acres
Acres 1.55
Property Description
Presenting a rare opportunity to acquire a fully licensed, turnkey commercial cannabis cultivation facility in Muskegon Heights, Michigan. This purpose-built 17,981-square-foot industrial facility sits on 1.55 acres and has been thoughtfully designed to support efficient, large-scale cultivation while meeting all Michigan Cannabis Regulatory Agency (CRA) compliance standards. The property includes one Class C Adult-Use Cultivation License with a 2,000-plant capacity and one Class C Medical Grower License with a 1,500-plant capacity, providing a combined licensed canopy of 3,500 plants. The licenses are transferable through the sale of the operating entity, allowing a buyer to acquire an established cultivation platform without the delays of the licensing process. The facility is fully operational and equipped with 1,200-amp, 480-volt, 3-phase electrical service, ten electrical panels including two new 277V panels, a TrolMaster automation system controlling lighting and CO2, ten 10-ton MRV5 rooftop HVAC units, 18 commercial dehumidifiers, and a comprehensive security system featuring 52 cameras with 30-day video retention, PIN-code access to each grow room, monitored alarms, and full CRA compliance. Metrc track-and-trace history, inspection records, and operational documentation are available to qualified buyers upon execution of a mutually acceptable Letter of Intent. Seller financing is available with $1.5 million down on an interest-only, three-year term at an attractive rate, creating a compelling opportunity for operators and investors seeking immediate production capacity in one of Michigan's most established cannabis markets. Pictures of grow-rooms and security room available upon request.
Location
State MI
County Muskegon
Area Area61101Muskegontwp
Interior
Heating Forced Air, Natural Gas
Cooling Central Air, Humidity Control, Other
Flooring Concrete
Fireplace No
Exterior
Parking Features ParkingLot
Utilities Available NaturalGasConnected
View Y/N No
Roof Type Composition
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Muskegon Heights
Others
Acceptable Financing Cash, Other, Trade1031Exchange
Listing Terms Cash, Other, Trade1031Exchange
Special Listing Condition Standard
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Listed by Austen Lobenherz of Berkshire Hathaway Home Svcs