Posted on August 25, 2022 / 15Listing ID: 446687APPLY FOR A REAL ESTATE LOAN
Cannabis & Hemp Insurance
Price : $3,500,000
Status : ACTIVE
Size : 70,000
Lot Size (Acres) : 2.3
Power (AMPS) : 480V 3phase
Cannabis or Hemp Use Allowed? : Cannabis
Current Cannabis Business License? : Potential Use Ancillary Business Cultivation (Indoor) MicroBusiness Processing Testing Laboratory Transportation
License Type : Medical & Recreational
City Tax Rate : 29151.90
Year Built : 1930
Utilities : Water, Electricity, Gas, Sewer
Sale Type : Cash
Company Name : Bricks + Mortar Cannabis
Phone : 2486716721
FOR SALE
$3,500,000
payments
Cash Only
70,000
Sq Ft
2.3
acres
Ancillary Business
Cultivation (Indoor)
MicroBusiness
Processing
Testing Laboratory
Transportation
Important Details
The building next door can be purchased as well for an additional $730k. It is zoned for a micro business, or could be used as an ancillary building to the main operation.
Summary
We are all looking for a hedge against inflation, and here it is! Industrial property is hot, marijuana property is hotter, and here you can have both. This 70,000 sq ft industrial building is a GREAT opportunity for an investment firm looking for an entryway to Michigan’s marijuana industry, or a large operator looking for a centrally located Michigan cultivation facility. The property is already approved for marijuana cultivation and processing! The current layout easily allows for separation into units of various sizes. Maintain tenant income while getting operational in phases, or utilize the whole space right away.
Property Information
Potential Use
Ancillary Business
Cultivation (Indoor)
MicroBusiness
Processing
Testing Laboratory
Transportation
Address
1623 Wildwood Ave, Jackson, MI 49202
Marijuana Permit Status
Municipally Permitted
Existing Approvals (if any)
Two AU Class B cultivation permits, 4 AU Class C cultivation permits in process. Qualifies for microbusiness as well (an area could be leased to an operator)
Parcel Size
2.3
Sq Ft
70,000
Year Built
1930
Zoning
I-2, General Industrial
Utilities
Electric, Gas, Water, Sewer – 480V 3phase – wired for alarm, alarm not installed
Annual Taxes
$
29151.90
Traffic Count
200-300
Parking
90
Parcel ID
2-247100000
 
For a 3D Walkthrough, Due Diligence Documents, and More CLICK HERE: https://www.bricksmortarcannabis.com/green-zone-property/1623-wildwood-ave-jackson-mi-49202
Investment Opportunity – Single Tenant Retail Building in Lapeer Michigan
Contact Listing Owner
Cannabis & Hemp Banking
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