$4,250,000
Est. payment /mo
24,000 SqFt
Active
8700 MILITARY Street Detroit, MI 48204 2900
UPDATED:
09/25/2024 09:09 PM
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 24,000 sqft
Price per Sqft $177
Subdivision Mi
MLS Listing ID 60342473
Annual Tax Amount $8,269
Property Description
Operating Adult-Use Cultivation facility available for sale – two (2) Class C Cultivation Licenses and real estate included. The site has 22,000 SF currently operational for Cultivation use and a 2,000 SF space in white-box form dedicated to additional Cultivation space or a Processing License, which is already permitted with the Special Land Use. The building features six (6) flower rooms which have forty-nine (49) double-ended lights. It also features one (1) large Veg/Mother/Clone room with forty-nine (49) double-ended lights, a dry room, a trim/packaging room, and an office. It is equipped with a fully automated GrowLink Irrigation System with nutrient dosers and dab pumps. Includes two (2) 2000-gallon reserve tanks and six (6) 500-gallon mix tanks. There is one (1) dedicated 500-gallon mix tank for each flower/veg room. GrowLink Environmental Control System. Every room has two (2) environment sensors, and each table has water content meters. The building has a 2000 amp 277/480V electrical service with dedicated panels for each room and surge protectors, along with State-Of-The-Art thirty-seven (37) cameras security system. Conveniently located near I-96 and a short drive from Downtown Detroit, this property offers excellent access, a thriving residential community, and established national/regional tenants. This opportunity combines the convenience of taking over an existing operation with the growth potential to increase capacity with a stronger management team.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Commercial
Interior
Heating Forced Air
Exterior
Waterfront No
Building
Foundation Slab
Water Public Water
Structure Type Block
Others
Ownership Bank Owned
Energy Description Natural Gas
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by C3 CRE, LLC