Posted on March 14, 2022 / 395Listing ID: 365674APPLY FOR A REAL ESTATE LOAN
Cannabis & Hemp Insurance
Price : $2,950,000
Status : ACTIVE
Size : 15,000-45,000
Lot Size (Acres) : 5.64
Power (AMPS) : 2500
Cannabis or Hemp Use Allowed? : Cannabis
License Type : Recreational
Year Built : 2018
Utilities : Water, Electricity, Gas, Sewer
Sale Type : Cash, Financing, Owner Financing, Joint Venture
Company Name : Insite Commercial
Phone : 248-359-9000

Price Reduced by $1.95M!!  45,000 sf building newly constructed in 2018 and has never been occupied.  Seeking a tenant or buyer that wants new construction but doesn’t want to suffer through long and arduous site plan approval process.  

Building Features:

  • 45,000 sf on 5.64 acres
  • 15,000-45,000 sf lease suites possible
  • 24 ft ceiling heights
  • 3p, 2500 amp power at the building
  • I-2 zoning for cultivation, processing, secure transport, and safety compliance
  • Stackable with up to 10 Class C permits (20,000 plants possible) 
  • Expansion possible with a 2nd 45,000 sf site plan approved building on an adjacent lot 
  • Survey, site plan and architectural plans for 15k sf cultivation included in sale (see “Interior Description” below)
  • 2 Tier Racking System possible
  • For Sale $2,950,000.00, For Lease $10/sf NNN

Call or text 248-470-5340 for info.

Property Overview

Located at 300 Hammontree Drive in Morenci, MI is a 45,000 sf building that is available for sale, or lease and is zoned for cannabis cultivation, processing, secure transporter and safety and compliance.  The industrial warehouse was recently constructed on a 2.21 acre parcel in 2018 in the Skyline Industrial Park.  The building is features 24’ ceilings and has 2500 amps of power on site ready to pull throughout the building.  Lease suites of 15000-45000 sf are possible.  Morenci allows for recreational (adult use) permits stacking.  It is possible to stack 10 class C cultivation licenses at this location for a total possible plant count of 20,000. 

Included with the sale are a survey, architectural prints and site plans for a cultivation operation. 

There is a second 3.43 acre vacant lot 15B immediately adjacent to the subject property that was site plan approved for another 45,000 sf building that is also included in the sale.  

Agent Notes

Contact agent to for more information, photos, video tour or to schedule a showing.  248-359-9000 ext 2.

Site Description

Lot 16 is 2.21 acre with a 45,000 sf steel warehouse developed in 2018.  Lot 15 is 3.43 acres and is site plan approved  for an additional 45,000 sf facility.  A survey showing both lots can be provided upon request. 

Area Description

Morenci, Michigan is the southernmost city in the State of Michigan.  The southern border of Morenci is shared with the state line of Ohio making it a strategic position in the market place for adult use sales.  Morenci voted to allow medical marijuana in 2017 and recreational marijuana in 2018.  In Q1 2022 there are 5 AU provisioning centers, 2 Class B cultivation permits and 7 class C permits.

Exterior Description

There is a newly-built, 45,000 sf pre-engineered steel industrial building shell.  The building was developed for future cannabis cultivation. The building currently has windows, doors, overhead garage door, and a gutter system in place.  Utilities are on site.

Interior Description

The proposed build-out includes three vegetative rooms, twelve flower rooms, harvest, dry, and trim rooms, a mother room, a clone room, a water system room, and two vaults. There are two office areas, a larger office area with private office, open office, conference room, locker room, and  break  room,  and  another  smaller  office  area  with  a  small  private  office  and  open  area.  Another smaller break room and locker room are provided on the opposite side of the building, and there are six total restrooms. Each of the rooms will have a two-tier mobile racking system. The walls will be comprised of PVC wall board that can be easily sanitized. Trench drains will be installed in the concrete floor. Lights will be ultra-efficient VoltServer LEDs and a Dosatron system will be installed for fertigation. Each of   the   growing   rooms   will   have   its   own   ductless   HVAC   system   with   air   ionizers,  both   dehumidification and humidification, and each rooms’ climate will be controlled individually. 

196 Acres of Land – Green Houses – Plenty of Water & Land
196 Acres of Land – Green Houses – Plenty of Water & LandVIEW LISTING
Contact Listing Owner
Cannabis & Hemp Banking
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