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Turnkey Houghton Lake Grow For Sale Or Lease

1952 West Houghton Lake Drive, Prudenville, 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

Listing ID : 810688

Listed On June 19, 2024 View Count 206

Listing Updated June 20, 2024

Price For Sale:
$895,000
Cap Rate:
48,207%
Size:
8,000 Sq. Ft.
Lot Size:
1 Acres
Power:
800 AMPS
Utilities:
Electricity, City Water
Zoning:
commercial
Cannabis or Hemp Use:
Cannabis Only
Terms of Sale:
Cash, Financing
NDA Required:
No
Company Name:
MCP Brokerage
Phone:
3133546884
Email:
elijah@mcpbrokerage.com
Description :

High-End 8,000 SF Recreational Grow For Sale or lease (4,880 SF Built Out)

Purchase for $895,000 or lease for $8,500/Mo NNN+ on a long term lease

Come take a look at this opportunity to either purchase or lease this 8,000 SF turnkey recreation cannabis cultivation facility. The entire facility is 8,000 SF but it is currently bifurcated into two spaces, 1) 4,880 SF of turnkey cultivation space, and 2) 3120 SF of old retail floor space. The current dry room was originally designed as a flowering room so the new owner could easily convert the retail space into a new drying room as well as other ancillary space, which would make room for at least 1 more flower room.

There are currently 3 flower rooms (430 SF each), 1 dry room (430 SF), and 1 veg room (313 SF). A 4th flowering room could be added with minimal effort. The owner spared no expense when building this out out by adding 1) 5 tons of HVAC per grow room, 2) auto watering systems, 3) (2) quest dehumidifiers, 4) 15 Gavita 1500wt led lights per flower room, 5) Troll Master Pro runs in all rooms, as well as repaving the driveway and replacing the roof.

This is a great opportunity to take over and possibly expand a high end turnkey recreational grow facility with minimal capital. The seller is open to an outright sale, land contract or lease of the facility. The seller is either looking for $895,000 for a sale or $8,500/mo + NNN on a long term lease. For qualified purchasers, the seller would be willing to hold a seller financing note.

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