Cannabis Cultivation and Processing
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For Sale
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1298 Arbogast Rd, Union City, MI 49094
Licensed cultivation and post-harvest processing operation with multiple agricultural buildings in an industrial-zoned setting.
Property Size21,400 SF
Price / SF$88.79
Days on Market6
Property Features for 1298 Arbogast Rd
General Information
Standard status
Active
Size
21,400 SF
Property subtype
Special Purpose
Zoning
Industrial - Marihuana Overlay
Investment Type
Stabilized
Net Operating Income
$246,237
Building Details
Buildings
4
Stories
2
Tenancy
Single
Listing Agency:
Ellsbury Group
(260) 615-9248
Listed By:
Lane Moser · License #MI 6501433695
Source:
Crexi
Added: Aug 6
Changed: Aug 10
Last Checked: Aug 11 at 7:22AM
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 Ellsbury Group
Investment Insights
Based on property information with market context.
Located at 1298 Arbogast Rd in Union City, Michigan, this cannabis property combines cultivation and post-harvest processing uses within approximately 21,400 square feet of improvements. The site includes a multi-use main facility, a 5,000-square-foot detached barn, and two utility barns. The detached barn also supports rental use by a biomass storage tenant.
The operation holds eight Class C cultivation licenses, consisting of seven Medical licenses and one Adult Use license. Operations are currently active, and the property is designated Industrial - Marihuana Overlay. The site encompasses approximately 23 acres and offers a functioning agricultural and processing platform within Branch County.
The operation holds eight Class C cultivation licenses, consisting of seven Medical licenses and one Adult Use license. Operations are currently active, and the property is designated Industrial - Marihuana Overlay. The site encompasses approximately 23 acres and offers a functioning agricultural and processing platform within Branch County.
Key Highlights
- Eight Class C cultivation licenses: seven Medical and one Adult Use
- Approximately 21,400 SF of improvements across the property
- 5,000 SF detached barn with biomass storage tenant
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
17
Businesses Nearby
Explore this area
Business Placement
Demographics for 49094, MI
4,091
Population
1,710
Households
2.4
Avg Household Size
40
Median Age
17%
College-Educated
93%
High-School Grad
56.0 sq mi
ZIP Area
73
Density / Sq Mi
$68,688
Median Household Income
$39,259
Median Earnings
$778
Median Rent
$127,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Cannabis property - Licensed cultivation and post-harvest processing operation with multiple agricultural buildings in an industrial-zoned setting.
Where is this cannabis property located?
The property is located at 1298 Arbogast Rd Union City, MI.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Eight Class C cultivation licenses: seven Medical and one Adult Use; Approximately 21,400 SF of improvements across the property; 5,000 SF detached barn with biomass storage tenant
