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Cannabis Processing Facility
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1874 E ELDER RD, Mancelona, MI 49659

Purpose-built operation includes processing infrastructure and large overhead doors.

Property Size2,560 SF
Price / SF$685.55
Days on Market9

Property Features for 1874 E ELDER RD

General Information

Standard status Active
Size 2,560 SF
Property subtype Mixed Use, Land, Special Purpose

Building Details

Year Renovated 2022
Buildings 1
Units 1
Listing Agency: Hudson Real Estate
Listed By: Anne Schultz · License #6501414395
Source: Crexi
Added: Aug 11 Changed: Aug 18 Last Checked: Aug 18 at 9:48AM

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 Hudson Real Estate

Investment Insights

Based on property information with market context.

This purpose-built cannabis processing facility contains 2,560 SF on a 4.09-acre parcel. Existing processing infrastructure and large overhead doors support the property’s current industrial configuration. Two additional contiguous parcels expand the assemblage to nearly 12 acres, creating room for future site development and related operations.

The property is positioned along the US-131 corridor in Northern Michigan, with access to cultivators, processors, retailers, and wholesale operators throughout the region. The available acreage is identified as suitable for potential cultivation, storage, ancillary operations, and outdoor cultivation, subject to applicable requirements.

Key Highlights

  • 2,560 SF purpose‑built cannabis processing facility
  • 4.09‑acre parcel with two additional contiguous parcels forming a nearly 12‑acre assemblage
  • Existing processing infrastructure and large overhead doors

Property Analytics

Current Use

Cannabis Properties

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 49659, MI

6,670
Population
4,586
Households
1.5
Avg Household Size
44
Median Age
18%
College-Educated
89%
High-School Grad
175.0 sq mi
ZIP Area
38
Density / Sq Mi
$59,092
Median Household Income
$33,269
Median Earnings
$792
Median Rent
$141,700
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 - Purpose-built operation includes processing infrastructure and large overhead doors.
Where is this cannabis property located?
The property is located at 1874 E ELDER RD Mancelona, MI.
What is the asking price?
The asking price for this property is $1,755,000.
What are key features of this property?
This property features: 2,560 SF purpose‑built cannabis processing facility; 4.09‑acre parcel with two additional contiguous parcels forming a nearly 12‑acre assemblage; Existing processing infrastructure and large overhead doors
(810) 632-5050 Call to check price and availability
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