For Sale
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Property summary
This exceptional Class A industrial property in Muskegon, MI, offers a unique opportunity to acquire a fully operational, turnkey cannabis cultivation facility. Spanning 10,960 square feet on a one-acre lot, this 2022-built facility boasts a highly efficient design, with 80% (8,800 sq ft) dedicated to flowering, vegetative, and mother rooms. Currently operating under Class C adult-use and medical licenses, it houses approximately 2,500 plants, maximizing revenue-generating space. The facility features a 16-foot ceiling height, one loading dock, and over 2,000 amps of power, supported by high-efficiency HVAC and circulation systems. High-end lighting (including 1930e Gavita LEDs & ION 720 LEDs) is in place. An oversized 8-foot corridor ensures easy access to grow rooms. The asking price is $1,995,000 ($182.03/sq ft), and flexible seller financing terms are available. Inventory is not included in the purchase price. A 300KW diesel backup generator is available for separate purchase. An adjacent 10,980 sq ft shell building, with approved expansion plans and 2,000 amp equipment, presents significant expansion potential (sold separately). The current, highly competent staff, including the lead grower, are willing to remain under new ownership.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Muskegon market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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