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Cannabis Cultivation Facility
For Sale
Contact for pricing
Pending

1020 Hastings St, Traverse City, MI 49686

Industrial-park building with approved cannabis operations and additional use flexibility.

Property SizeContact for details
Days on Market143

Property Features for 1020 Hastings St

General Information

Standard status Pending
Property subtype Office, Industrial
Listing Agency: Real Estate One Troy
Listed By: Melisa Bertram · License #6501414669
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 31 at 6:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Estate One Troy

Investment Insights

Based on property information with market context.

Located at 1020 Hastings St in Traverse City, Michigan, this 15,000-square-foot facility is approved for cannabis cultivation and offers 10-foot ceiling heights. The building is situated within an industrial park and its sale is not restricted to cannabis-related use, providing flexibility for evaluating other commercial applications supported by the property.

The City of Traverse City has 12 approved Provisionary Centers, creating multiple local destinations for product delivery. The facility combines an established cultivation approval with a substantial industrial building footprint and a setting aligned with commercial and industrial activity.

Key Highlights

  • 15,000‑square‑foot facility
  • Approved cannabis cultivation use
  • 10‑foot ceiling heights

Property Analytics

Current Use

David G Grunst ... Law Firm Baird Brett C Law Firm Baraga Broadcasting Inc Radio Station Felicia Randall. Realtor Real Estate Agency professional property advisors Real Estate Agency

Suggested Use

Top Pick Parking Lot & Garage Restaurant Electrical Service Veterinary Clinic Locksmith Garden 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.

Location Intelligence

Trade Area within ½ mile

583
Businesses Nearby

Demographics for 49686, MI

25,859
Population
13,261
Households
2
Avg Household Size
45
Median Age
46%
College-Educated
95%
High-School Grad
47.3 sq mi
ZIP Area
547
Density / Sq Mi
$71,198
Median Household Income
$40,373
Median Earnings
$1,209
Median Rent
$295,500
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Cannabis property - Industrial-park building with approved cannabis operations and additional use flexibility.
Where is this cannabis property located?
The property is located at 1020 Hastings St Traverse City, MI.
What are key features of this property?
This property features: 15,000‑square‑foot facility; Approved cannabis cultivation use; 10‑foot ceiling heights
(231) 409-7512 Call to check price and availability
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