2429 2 Mile RdBay City, MI 48706

  • Commercial real estate
  • 2.49 AC
For Sale
$1,450,000 View listing

Property Details for 2429 2 Mile Rd

Lot size
2.49 AC
Zone code
I-1
Property type
Commercial real estate
APN
010-030-300-030-05
APU
1003030003005

Description

This exceptional 14,080-square-foot, Class A industrial property in Bay City, Michigan, presents a unique investment opportunity. Situated on 2.49 acres, this 2023-built facility boasts two buildings, each with 18-foot ceilings, and is zoned for cannabis cultivation, processing, and potential dispensary use. Currently vacant, the property is nearly complete, featuring seven grow/veg rooms and spaces for processing, all built to high standards. Detailed blueprints are available. The property can be delivered "as is," in shell condition, or nearly turnkey, with options for lighting, security, HVAC, scrubbers, and humidity control negotiable with the seller. The seller is open to seller financing/land contract. The property is conveniently located at 2429 2 Mile Rd, Bay City, MI 48706. This is an owner-user investment opportunity with a total asking price of $1,450,000 ($102.98/sq ft, $725,000/unit). Buyers are responsible for their own due diligence to verify all information.

Location Insight

City
Bay City
County
Bay
State
Michigan
Latitude
43.6696
Longitude
-83.9297
CBSA code
13020
CBSA name
BAY CITY, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$16,314
-
-
$344,150
-
-
-
$688,300

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