700 Main St Chesaning, MI 48616-9401
- Industrial properties
- 2,401 SF
- 3.78 lot acres
May 11, 2021
Current Use by Public Records
- Industrial properties
Property Details for 700 Main St
- Year built
- 1876
- Lot size
- 3.78 lot acres
- Property size
- 2,401 SF
- Zone code
- A-1
- Property type
- Industrial properties
- APN
- 13-09-3-10-1403-012
- APU
- 13093101403012
Description
This exceptional turnkey cannabis operation in Chesaning, Michigan, presents a unique investment opportunity. The property encompasses 3.78 acres and includes three brand-new buildings totaling 10,008 square feet, constructed in 2021. The facility is currently 100% occupied and features a fully equipped processing facility and outdoor cultivation area. The processing equipment includes a C1D2 Booth (Ethanol Falling Film), Chemtek 2-step KDT 6 Short Path Distillation Machine, Pure Pressure Bruteless Stainless Hash Washer (30 gallon), and a Decarb Oven. The property also boasts a new 2-car garage and security house. The outdoor cultivation area, spanning approximately 2 acres, has the capacity for up to 2,000 plants. Included in the sale are one Adult-Use Processing license and one Adult-Use Class C Cultivation license. The property is located at 700 N Main St, Chesaning, MI 48616, in Saginaw County. Employment retention is a possibility for a new owner, requiring only rebranding and new inventory to maintain operations. This is a rare opportunity to acquire an established and profitable cannabis business with significant growth potential. The asking price is $1,950,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chesaning
- County
- Saginaw
- State
- Michigan
- Longitude
- -84.1093
- Latitude
- 43.1895
- CBSA code
- 40980
- CBSA name
- SAGINAW-SAGINAW TOWNSHIP NORTH, MI METROPOLITAN STATISTICAL AREA
