1716 S Jefferson Ave Saginaw, MI 48601

This 9,275 square foot warehouse, situated on a 0.78-acre lot in Saginaw, Michigan (48601), presents a unique investment opportunity. Built in 1945, the property boasts 14+ foot ceiling heights, a 480V/3-phase power system, and an automatic gate, making it well-suited for various industrial uses. Its strategic location offers seamless access to major highways I-75 and I-96, providing excellent transportation links within Michigan's thriving cannabis market. Importantly, the property has municipal approval for a Class C recreational cultivation license and is eligible for processing, secure transport, or safety compliance licenses. The building offers ample room for expansion towards the rear. The asking price is $295,000. Financing options include a $195,000 down payment with $100,000 seller-financed over two years at 8% interest, amortized over 30 years. Alternatively, a lease option of $8,500 per month (NNN) is available. This property is approximately one hour from Oakland County.