For Sale
$7,000,000

206 Park Dr Kalkaska, MI 49646

Michigan Cannabis Business - $7M

Overview

Added:
Dec 11, 2024
Days on market:
133
This turnkey cannabis cultivation and processing facility in Kalkaska, MI, is offered for sale at $7,000,000. The 19,200 square foot Class C industrial building, constructed in 1980, boasts two Class C cultivation licenses and a processing license. The facility features 5,836 square feet of flowering canopy, 1,472 square feet of vegetative canopy, and 676 square feet of mother canopy, equipped with a variety of high-quality LED and HPS lighting systems from Thrive Apex, Hydrofarm, and Fluence. Currently producing 250 pounds of premium cannabis monthly, distributed to over 70 retail locations across Michigan, the facility includes a state-of-the-art automated irrigation and dosing system, Pipp racking and rolling flood tables, and environmental control by Trane Synchrony. A C1D1 room, extraction equipment, and a commercial kitchen are also included. The sale includes the rights to produce and sell "Ryba's Roots" Cannabis Infused Confections, a partnership with a well-known Northern Michigan confectionery. The property benefits from an experienced and willing-to-stay staff, providing immediate operational support and cash flow. A nearby transportation company offers cost-effective product distribution throughout Michigan. Expansion opportunities exist with the potential purchase of an adjacent 33,129 square foot property on 2.47 acres, as well as the acquisition of an existing retail store in Owosso, MI. The property is zoned for industrial use and is located at 206 W Park Dr, Kalkaska, MI 49646.

Property Details for 206 Park Dr

Property type
Industrial properties, Manufacturing properties
Square Feet
19,200 SF
Class
C
Year Built
1980

Location Insight

City
Kalkaska
County
Kalkaska
State
Michigan
Latitude
44.733609825963
Longitude
-85.168250674902

FAQs

What type of property is this?
Industrial property - Michigan Cannabis Business - $7M
Where is the industrial property located?
The property is located at 206 Park Dr Kalkaska, MI.
What is the asking price?
The asking price for this property is $7,000,000.
How can I contact the broker?
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206 Park Dr
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