Cannabis Property with Multiple
For Sale
$450,000
4848 N Old 27, Frederic, MI 49733
Commercial Sale, Frederic, MI
Property Size9,125 SF
Lot Size9.75 Acres
Price / SF$49.32
Days on Market569
Property Features for 4848 N Old 27
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Subdivision
T27N R4W
Directions
From the I-75 Business loop in Grayling, to N on Old 27, property will be on your right.
Standard status
Active
APN
030-011-002-020-00 and 030-011-001-140-00
Size
9,125 SF
Lot size
9.75 Acres
Taxes and HOA fees
Tax Description
Parcel# 030-011-001-140-00 & 030-011-002-020-00
Legal Description
Parcel# 030-011-001-140-00 & 030-011-002-020-00
Utilities
Sewer type
Septic Tank
Water source
Well
Building Details
Building materials
Steel Siding
Listing Agency:
River Country Realty
(989) 745-6004
Listed By:
Betty Partello · License #6506045575
(989) 370-2061
Added: Mar 6, 2025
Changed: Sep 13
Last Checked: Sep 26 at 7:06AM
MLS# 201833579
Copyright © 2026 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial-zoned cannabis property includes 9.75 acres and 9,125 square feet of improvements. The site is currently used as a marijuana grow facility and includes a 24-by-24 barn, a 24-by-24 garage, a 20-by-20 steel building, and an 18-by-24 carport. A separate garage measuring 23 by 115 feet is divided into three rooms, providing additional interior utility and storage capacity.
Infrastructure includes new electrical systems throughout the buildings, a large generator, three wells—two 4-inch wells and one 5-inch well—and a septic tank. The property is located at 4848 N Old 27 in Frederic, Michigan, with access from Old 27. No supplies are included in the sale.
Infrastructure includes new electrical systems throughout the buildings, a large generator, three wells—two 4-inch wells and one 5-inch well—and a septic tank. The property is located at 4848 N Old 27 in Frederic, Michigan, with access from Old 27. No supplies are included in the sale.
Key Highlights
- 9.75‑acre commercial property with 9,125 SF of improvements
- Current marijuana grow facility use
- 24x24 barn, 24x24 garage, 20x20 steel building, and 18x24 carport
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
Business Placement
Demographics for 49733, MI
1,722
Population
1,510
Households
1.1
Avg Household Size
52
Median Age
15%
College-Educated
92%
High-School Grad
107.6 sq mi
ZIP Area
16
Density / Sq Mi
$65,471
Median Household Income
$37,583
Median Earnings
$791
Median Rent
$148,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Cannabis property - Commercial-zoned property with multiple outbuildings, upgraded electrical service, backup generation, wells, and septic infrastructure.
Where is this cannabis property located?
The property is located at 4848 N Old 27 Frederic, MI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 9.75‑acre commercial property with 9,125 SF of improvements; Current marijuana grow facility use; 24x24 barn, 24x24 garage, 20x20 steel building, and 18x24 carport
