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Turn key vertical! Hydrocarbon processing with adult use retail and 5 class C outdoor grows, consumption and events

1874 East Elder Road, Mancelona, MI, USA
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Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Lease

Listing ID : 716460

Listed On June 3, 2024 View Count 203

Listing Updated June 3, 2024

Price :
Price For Rent:
$15,000
Lease Type:
Net Lease
Business Overview :
License Details :
Business Location Details :
Cannabis or Hemp Use:
Cannabis and/or Hemp
Size:
2,400 Sq. Ft.
Lot Size:
12 Acres
Zoning:
Unzoned
Power:
400 AMPS
Utilities:
Electricity, Well Water, Sewer
Year Built:
2022
Terms :
Company Overview :
Description :

This turn key facility in Northern Michigan has been previously licensed as adult use processor doing hydrocarbon extraction.  You can lease the 2400 sq foot building for 3-5 years and get your license in 90 days if you are already approved by the CRA. 

Down payment is 300k, lease payment is 15k/month for the building only.  Lease the land by the acre for an additional $12k/year/acre (12 acres total). Equipment is also available for lease, in addition to all the SOP and IP you need to submit to the state for the turn key opportunity. No information will be provided on equipment, floor plan layout, and included equipment until an NDA is signed, and a non-refundable deposit of 25K which will be applied to your down payment upon lease signing.  

This property is also for sale for 3.5M and includes all equipment.  Financing available with 1.5M down.

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