560 Broadway E, Muskegon Heights, MI 49444

$2,950,000
  • 560 Broadway E, Muskegon Heights, MI 49444 Main Photo

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New to the Market Active
MLS#1947480
STATUSActive PROPERTY TYPECommercial - Industrial SUBDIVISIONMI

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.

560 Broadway E | MLS# 1947480

This commercial property located at 560 Broadway E, Muskegon Heights, MI 49444 is currently listed for sale with an asking price of $2,950,000. Search Muskegon Heights real estate on www.ikeyrealty.com today.

Property Features

Property Type: Commercial - Industrial
Basement: Slab
Lot Size: 1.55 Acres
Roof Type: Composite, Membrane
Year Built: 1978

Feature Descriptions

Business Included: Yes
Business Name: Cannabis Cultivation
Construction: Block, Steel, Insulated Concrete Forms
Days on Site: 6
Exterior: Aluminum, Block, Steel
Heating/Cooling: Forced Air, Central Air, Humidifier
Lot Dimensions: 245X255
Parking: Paved, Parking Lot
Present Use: Manufacture/Warehouse, Other
Road: Public Maintained
Sewer: Municipal
Water: Municipal Water
Waterfront Type: No

Listed By / Shown By

Listed By

Agency Name: Berkshire Hathaway Home Svcs
Agency Phone: 231-547-9905

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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