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Licensed Cannabis Cultivation Facility
For Sale
$2,950,000

560 E Broadway, Muskegon Heights, MI 49444

Commercial, Muskegon Heights, MI

Property Size17,981 SF
Lot Size1.55 Acres
Price / SF$164.06
Days on Market75

Property Features for 560 E Broadway

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Industrial
Parking features Parking Lot
Exterior features Aluminum, Block, Steel
Lot features Corner Lot
Directions corner of Broadway and Jarman
Subdivision Muskegon
Standard status Active
Size 17,981 SF
Lot size 1.55 Acres

Taxes and HOA fees

Tax Description CITY OF MUSKEGON HEIGHTS E MANAHAN URBAN RENEWAL REPLAT #1 LOT 11, EXC. THE N 75' THEREOF
Legal Description CITY OF MUSKEGON HEIGHTS E MANAHAN URBAN RENEWAL REPLAT #1 LOT 11, EXC. THE N 75' THEREOF

Building Details

Building materials Block, Steel, Insulated Concrete Forms
Roof type Membrane, Composition
Listing Agency: Berkshire Hathaway Home Svcs · Prudential Real Estate
Listed By: Austen Lobenherz
Added: Jul 1 Changed: Sep 11 Last Checked: Sep 13 at 11:06PM
MLS# 1947480

Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 17,981-square-foot commercial cannabis cultivation facility occupies 1.55 acres at 560 E Broadway in Muskegon Heights, Michigan. The purpose-built building includes block, steel, and insulated concrete form construction, a parking lot, and composition and membrane roofing. Its operating infrastructure includes 1,200-amp, 480-volt, 3-phase electrical service, ten electrical panels, two new 277V panels, ten 10-ton MRV5 rooftop HVAC units, and 18 commercial dehumidifiers.

The property includes one Class C Adult-Use Cultivation License authorized for 2,000 plants and one Class C Medical Grower License authorized for 1,500 plants, for a combined licensed capacity of 3,500 plants. Licenses transfer through the sale of the operating entity. A TrolMaster system manages lighting and CO2, while security features include 52 cameras with 30-day video retention, PIN-code access to each grow room, monitored alarms, and CRA compliance. Metrc history, inspection records, and operating documentation are available to qualified buyers after execution of a mutually acceptable Letter of Intent.

Key Highlights

  • 17,981‑square‑foot commercial cultivation facility on 1.55 acres
  • Class C Adult‑Use Cultivation License with 2,000‑plant capacity
  • Class C Medical Grower License with 1,500‑plant capacity; combined licensed capacity of 3,500 plants

Property Analytics

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Current Use

Cannabis Properties

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Big Box & Wholesale Store Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Heavy power

Location Intelligence

Trade Area within ½ mile

215
Businesses Nearby

Demographics for 49444, MI

26,281
Population
11,635
Households
2.3
Avg Household Size
38
Median Age
18%
College-Educated
91%
High-School Grad
24.7 sq mi
ZIP Area
1,064
Density / Sq Mi
$52,143
Median Household Income
$34,423
Median Earnings
$941
Median Rent
$159,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Cannabis property - Purpose-built commercial facility with transferable cultivation licenses, specialized utility capacity, environmental controls, and monitored security.
Where is this cannabis property located?
The property is located at 560 E Broadway Muskegon Heights, MI.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 17,981‑square‑foot commercial cultivation facility on 1.55 acres; Class C Adult‑Use Cultivation License with 2,000‑plant capacity; Class C Medical Grower License with 1,500‑plant capacity; combined licensed capacity of 3,500 plants
More about this property
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