Cannabis-Ready Industrial
For Sale
Contact for pricing
1545 Clay St, Detroit, MI 48211
Cannabis cultivation, extraction, processing, and offices plus a high-tech telecommunications tenant.
Property Size65,659 SF
Days on Market125
Property Features for 1545 Clay St
General Information
Standard status
Active
Size
65,659 SF
Property subtype
Industrial
Additional Details
Cap Rate
7%
Heavy Power
Yes
Listing Agency:
Epique Realty
(248) 923-4334
Listed By:
David Elwood · License #6502431867
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 20 at 6:44PM
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 Epique Realty
Investment Insights
Based on property information with market context.
Offered as a for-sale industrial facility totaling approximately 65,659 gross building square feet, with defined buildouts supporting cannabis and other processing uses. The space includes 40,000 square feet for cultivation, 3,000 square feet for extraction processing, and 4,400 square feet for manufacturing/processing. Additional space is set up for state and FDA approved food and beverage processing (1,743 square feet). There is also a general office component totaling 2,459 square feet for cannabis business operations or possible future provisioning center use, and an additional general office area of 2,459 square feet for general operations classified as non-cannabis to stay below 50k square feet.
The property also includes remaining tenant space that is non-cannabis (10,324 square feet) with a high-tech telecommunications tenant, plus rooftop space for an antenna noted as generating additional income. Upgraded electrical service is included with 3 x 2,500 KVA (7,500) DTE grid.
Static non-usable common space is identified as hallways, common entries, vestibules, and similar areas.
The property also includes remaining tenant space that is non-cannabis (10,324 square feet) with a high-tech telecommunications tenant, plus rooftop space for an antenna noted as generating additional income. Upgraded electrical service is included with 3 x 2,500 KVA (7,500) DTE grid.
Static non-usable common space is identified as hallways, common entries, vestibules, and similar areas.
Key Highlights
- 65,659 gross building SF with space designed for cannabis cultivation, extraction, processing, and related offices.
- Cannabis improvements include 40,000 SF cultivation, 3,000 SF extraction processing, and 4,400 SF manufacturing/processing.
- State/FDA approved food and beverage processing area of 1,743 SF plus 2,459 SF general office for cannabis business use.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
896
Businesses Nearby
Explore this area
Business Placement
Demographics for 48211, MI
5,447
Population
2,518
Households
2.2
Avg Household Size
32
Median Age
16%
College-Educated
74%
High-School Grad
4.2 sq mi
ZIP Area
1,297
Density / Sq Mi
$33,347
Median Household Income
$23,172
Median Earnings
$985
Median Rent
$66,900
Median Home Value
Market
Vacancy Rate% for Industrial in Detroit, MI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Cannabis property - Cannabis cultivation, extraction, processing, and offices plus a high-tech telecommunications tenant.
Where is this cannabis property located?
The property is located at 1545 Clay St Detroit, MI.
What are key features of this property?
This property features: 65,659 gross building SF with space designed for cannabis cultivation, extraction, processing, and related offices.; Cannabis improvements include 40,000 SF cultivation, 3,000 SF extraction processing, and 4,400 SF manufacturing/processing.; State/FDA approved food and beverage processing area of 1,743 SF plus 2,459 SF general office for cannabis business use.
