12504 S 42nd St, Fulton, MI 49052

Building Details

Building Size 23,376 SF More

Year Built 2022 More

Listing Agency: C3 CRE, LLC

Listed By: Corbin Yaldoo · License MI #6502431997 Show Phone

Source: Elliman

Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 4:55AM

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Investment Insights

Based on property information with market context.

This is a rare opportunity to acquire a fully operational and turnkey adult-use greenhouse cultivation facility through a receivership sale. The sale includes the real estate and licenses. The property spans over 40 acres and features four greenhouses, a head house facility, an on-site office/residence space, and excess land suitable for expansion. Currently, the facility operates under two Class C adult-use cultivation licenses, which are renewed through April 2026. The cultivation infrastructure includes high-capacity Gavita lighting, advanced climate automation, and extensive irrigation and HVAC systems. Security measures, power backup, and odor mitigation systems are in place. The property is located in Southwest Michigan, offering a strong climate and convenient access to US-131, M-66, I-94, and I-69 freeways. This facility offers immediate scalability for an experienced operator or investor. Employment retention and increased day-to-day management will ensure a seamless continuity of cash flow and to maintain and increase operations.

Key Highlights

• Fully operational, turnkey adult‑use greenhouse cultivation facility including real estate and licenses.
• Includes two Class C Adult‑Use Cultivation Licenses, renewed through April 2026, offering immediate scalability.
• Features four greenhouses, a head house, office/residence space, and excess land on 40+ acres for expansion.

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Cannabis Properties

Suggested Use

Top Pick Grocery & Convenience Store Computer & Electronic Repair Wine and Liquor Store

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

14

Businesses Nearby

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Demographics for 49052, MI

1,056

Population

391

Households

2.7

Avg Household Size

45

Median Age

18%

College-Educated

93%

High-School Grad

31.8 sq mi

ZIP Area

33

Density / Sq Mi

$62,120

Median Household Income

$44,444

Median Earnings

$842

Median Rent

$188,600

Median Home Value

Frequently Asked Questions

What type of property is this?

Cannabis property - Fully operational adult-use greenhouse cultivation facility with expansion potential.

Where is this cannabis property located?

The property is located at 12504 S 42nd St Fulton, MI.

What is the asking price?

The asking price for this property is $1,800,000.

What are key features of this property?

This property features: Fully operational, **turnkey adult‑use greenhouse cultivation facility including real estate and licenses.**; Includes **two Class C Adult‑Use Cultivation Licenses**, renewed through April 2026, offering immediate scalability.; Features four greenhouses, a head house, office/residence space, and excess land on 40+ acres for expansion.