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Lansing, MI – Prelim approved Processing Warehouse Sale or Lease. Complete with Architectural

300-304 South Hosmer Street, Lansing, MI, USA
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  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale
  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale
  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale
  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale
  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale
  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale
  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale

Listing ID : 849774

Listed On September 13, 2024 View Count 166

Listing Updated October 29, 2024

Price :
$265,000
Business Overview :
License Details :
Business Location Details :
Number of Parking Spaces:
4
Size:
4,752 Sq. Ft.
Lot Size:
0.12 Acres
Zoning:
Light Industrial
Power:
240 AMPS
Utilities:
Electricity, City Water, Sewer, Natural Gas
Year Built:
1954
Terms :
Financing:
Cash, Owner Financing
Broker Co-Op:
Yes
NDA Required:
No
Reason for Selling:
Out of state owner. He received conditional approval to operate a marijuana processing center but decided to focus on his current out of state operation.
Company Overview :
Description :

Location:
 300 S Hosmer St., Lansing, MI 48912 

Parcel I.D.:  33-01-01-15-309-132

 Total Building Size:
 4,752 SF, 2,376-4,752 SF Available

 Land Size: 0.12 Acres (5,181 SF) 

Sale Price: $265,000.00 ($55.77 PSF) Priced Below Appraised Value!!
 Lease Rate:  $6.00 PSF NNN 

Year Built:  1954

 Property Taxes:
Approx. $5,804.92 (2023)

 Zoning: Light Industrial

Demographics in 5 Mile Radius:
 Population:
200,853 people
Households:
84,229 homes
Avg. HH Income:
$70,834 USD
Traffic Counts:
8,592 VPD (E. Kalamazoo St.)

Property Highlights:
•Duplex Possible
•Light Industrial Zoning
•Conditionally permitted for marijuana processing
•Priced to sell below appraised value

There is a 4,752 sf light industrial warehouse located for sale or lease at 300-304 S Hosmer in Lansing, MI.  The building allows for many light industrial uses including as a conditionally permitted marijuana processing center.  The building includes a full set of architectural plans for the processing use.  The building suites are separately metered so it is possible to lease 1/2 the building.  This would make a great owner user investment opportunity.  

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