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Turnkey Cannabis Cultivation Facility
For Sale
$795,000

4600 N Grand River Ave, Lansing, MI 48906

Cultivation facility in Lansing with processing space and highway access.

Property Size9,452 SF
Lot Size0.18 Acres
Price / SF$530
Days on Market153

Property Features for 4600 N Grand River Ave

General Information

Standard status Active
Size 9,452 SF
Lot size 0.18 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $16,054

Building Details

Building Size 9,452 SF
Year Built 1996
Listing Agency: C3 CRE, LLC
Listed By: Corbin Yaldoo · License #6502431997
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 8 at 2:05PM

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 C3 CRE, LLC

Investment Insights

Based on property information with market context.

This property features a partial turnkey cannabis cultivation facility, offered for sale with the real estate included. A new operator will need to apply for and renew the former cultivation license for the site. The facility is equipped with a Rhythm batch tank fertigation system distributed throughout. Infrastructure includes insulated cooler doors, new electrical service, dehumidification systems, and fully distributed HVAC. Epoxy flooring is installed throughout the cultivation area, and all underground plumbing is complete. There is approximately 1,500 square feet designated for future cannabis processing space. The property is positioned in Lansing, at the center of Michigan’s lower peninsula, with direct access to I-96 freeway.

Key Highlights

  • Partial turnkey cannabis cultivation facility (real estate included).
  • Equipped with a highly capable Rhythm batch tank fertigation system.
  • Infrastructure includes insulated cooler doors, new electrical service, dehumidification systems, and fully distributed HVAC.

Property Analytics

Current Use

Gene F. Turnwald ... Law Firm

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Nail Salon Pharmacy

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

667
Businesses Nearby

Demographics for 48906, MI

25,674
Population
12,180
Households
2.1
Avg Household Size
37
Median Age
29%
College-Educated
91%
High-School Grad
32.5 sq mi
ZIP Area
790
Density / Sq Mi
$61,533
Median Household Income
$38,551
Median Earnings
$1,033
Median Rent
$128,600
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 - Cultivation facility in Lansing with processing space and highway access.
Where is this cannabis property located?
The property is located at 4600 N Grand River Ave Lansing, MI.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Partial turnkey cannabis cultivation facility (real estate included).; Equipped with a highly capable Rhythm batch tank fertigation system.; Infrastructure includes insulated cooler doors, new electrical service, dehumidification systems, and fully distributed HVAC.
More about this property
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