560 E Broadway, Muskegon Twp, MI 49444
560 E Broadway, Muskegon Twp, MI 49444
560 E Broadway, Muskegon Twp, MI 49444
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$2,950,000
Est. payment /mo
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17,981 SqFt
Active

560 E Broadway Muskegon Twp, MI 49444

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 17,981 sqft

Price per Sqft $164

MLS Listing ID 78080070548

Year Built 1978

Lot Size 1.550 Acres

Acres 1.55

Property Description

Presenting a rare opportunity to acquire a fully licensed, turnkey commercial cannabis cultivation facility in Muskegon Heights, Michigan. This purpose-built 17,981-square-foot industrial facility sits on 1.55 acres and has been thoughtfully designed to support efficient, large-scale cultivation while meeting all Michigan Cannabis Regulatory Agency (CRA) compliance standards. The property includes one Class C Adult-Use Cultivation License with a 2,000-plant capacity and one Class C Medical Grower License with a 1,500-plant capacity, providing a combined licensed canopy of 3,500 plants. The licenses are transferable through the sale of the operating entity, allowing a buyer to acquire an established cultivation platform without the delays of the licensing process. The facility is fully operational and equipped with 1,200-amp, 480-volt, 3-phase electrical service, ten electrical panels including two new 277V panels, a TrolMaster automation system controlling lighting and CO2, ten 10-ton MRV5 rooftop HVAC units, 18 commercial dehumidifiers, and a comprehensive security system featuring 52 cameras with 30-day video retention, PIN-code access to each grow room, monitored alarms, and full CRA compliance. Metrc track-and-trace history, inspection records, and operational documentation are available to qualified buyers upon execution of a mutually acceptable Letter of Intent. Seller financing is available with $1.5 million down on an interest-only, three-year term at an attractive rate, creating a compelling opportunity for operators and investors seeking immediate production capacity in one of Michigan's most established cannabis markets. Pictures of grow-rooms and security room available upon request.

Location

State MI

County Muskegon

Area Area61101Muskegontwp

Interior

Heating Forced Air, Natural Gas

Cooling Central Air, Humidity Control, Other

Flooring Concrete

Fireplace No

Exterior

Parking Features ParkingLot

Utilities Available NaturalGasConnected

View Y/N No

Roof Type Composition

Building

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Muskegon Heights

Others

Acceptable Financing Cash, Other, Trade1031Exchange

Listing Terms Cash, Other, Trade1031Exchange

Special Listing Condition Standard


Realcomp MLS
Listed by Austen Lobenherz of Berkshire Hathaway Home Svcs

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560 E Broadway