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Cannabis Cultivation & Processing Facility
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515 N Larch St, Lansing, MI 48912

Zoned DT-2 Urban Flex, offering dedicated cultivation rooms, office space, and secure gated parking for operations.

Property Size19,064 SF
Price / SF$0.00
Days on Market198

Property Features for 515 N Larch St

General Information

Standard status Active
Size 19,064 SF
Total Parking Spaces 34
Property subtype Industrial
Zoning DT-2
Lease Type Net Leased (NNN)

Additional Details

Highway Access Yes

Building Details

Building Size 19,064 SF
Listing Agency: C3 CRE, LLC
Listed By: Harry Barash · License #MI6501284831
Source: Cpix.resimplifi
Added: Jan 23 Changed: Aug 8 Last Checked: Jun 5 at 2:17AM

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.

Former operating cannabis Retailer & Cultivation/Processing facility available for lease or sale, with the real estate and license not included. The property includes separately leasable/salable facilities that do not need to be completed with the same operator, and a flex space that can be leased only with either facility. The flex space may be used for processing, retail, or cultivation, but new operators must apply for their own license(s) for each facility.

The cultivation facility is built out with three flower rooms, a mother/clone room, vegetation room, drying room, fertigation room, trim room, vault, delivery area, office, storage room, and work room, plus separate male and female restrooms. The building also features an attractive, secure, gated parking lot with thirty-four parking spaces. The property is located at 515 N Larch St, Lansing, MI 48912, approximately one mile from I-496 freeway, within a highly populated market with many national tenants operating nearby.

The site is zoned DT-2 Urban Flex and can also be suitable for traditional industrial and retail users. For cannabis operators, the interior improvements support cultivation and processing functions, while the gated parking and dedicated rooms can help support day-to-day operations pending licensing.

Key Highlights

  • DT‑2 Urban Flex zoning suitable for cannabis cultivation/processing or traditional industrial/retail users
  • Cultivation facility includes three flower rooms, mother/clone, vegetation, drying, fertigation, trim, vault, delivery area, office, and multiple work/storage rooms
  • Cultivation includes separate male and female restrooms for the operating facility

Property Analytics

Current Use

Pure Roots (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Computer & Electronic Repair (Bike/Boat/Book/etc) Store HVAC Service Florist Electrical Service Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,970
Businesses Nearby

Demographics for 48912, MI

17,155
Population
9,064
Households
1.9
Avg Household Size
34
Median Age
40%
College-Educated
91%
High-School Grad
5.2 sq mi
ZIP Area
3,299
Density / Sq Mi
$53,072
Median Household Income
$34,598
Median Earnings
$1,037
Median Rent
$139,900
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 - Zoned DT-2 Urban Flex, offering dedicated cultivation rooms, office space, and secure gated parking for operations.
Where is this cannabis property located?
The property is located at 515 N Larch St Lansing, MI.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: DT‑2 Urban Flex zoning suitable for cannabis cultivation/processing or traditional industrial/retail users; Cultivation facility includes three flower rooms, mother/clone, vegetation, drying, fertigation, trim, vault, delivery area, office, and multiple work/storage rooms; Cultivation includes separate male and female restrooms for the operating facility
More about this property
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