Bay City Cultivation, Processing, and Provisioning Center

Industrial for Sale
Catylist Listing ID: 30458638
Property Subtypes: Industrial-Business Park, Light Industrial
Building Size (RSF): 80,000 SF
Gross Building Area: See Agent
Gross Land Area: 2 Acres
Sale Price: $2,495,000
Unit Price: $31.19 PSF
Ceiling: 18 ft.
Docks/Doors: 2 Docks
Drive In Bays: 3 Bays
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 80,000 SF
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 8/15/2019

Overview / Comments

A unique opportunity to purchase an operating vertically integrated MMFLA Facility. This property comes with a Class-C Cultivation, Processing, and Provisioning Center license. This property has about 80,000 usable sq. ft. with about 10,000 sq. ft. already built out for cultivation.

*Terms:
$2,500,000 down
$6,000,000 land contract over 5 years. (Unique opportunity to finance the balance out of the proceeds of the business.)

Additional Details

Nearest MSA: Bay City
County: Bay
Tax ID/APN: 000000-01-01
Overhead Cranes: 2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,992 47,590 77,205
Median Age: 35 38.88 39.63
Households: 2,066 20,004 31,356

Contact

Photograph of Listing Agent

Mike DiLaura

Cannabis Property Brokers
CPIX Member
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