240 Watts RdJackson, MI 49203

Property Details for 240 Watts Rd

Year built

2001

Lot size

0.78 AC

Property size (Sq ft)

3,804 SF

Zone code

ML LIGH

Property type

Manufacturing properties

APN

000-09-31-402-002-00

APU

93140200200

Description

This 3,804-square-foot storefront in Jackson, Michigan, presents a unique investment opportunity. Situated on a 0.78-acre lot, the property boasts a versatile history, previously used for light manufacturing and currently undergoing conversion into a medical grow facility. Approximately 2,000 square feet are already renovated, with an additional 1,200 square feet under renovation. The existing build-out includes infrastructure for substantial cannabis cultivation, capable of supporting up to 1,500 plants per crop, complete with an on-site drying facility. High-quality features include polyaspartic flooring, a reverse osmosis system with a 750-gallon water tank, nutrient tanks, an irrigation pump system, and a full bath. Climate control is ensured with two 5-ton AC units and two dehumidifiers. Security measures are in place with security cameras and a chain-link fence with an electric gate. The property's zoning allows for various uses, including manufacturing, certain businesses, or industrial applications, in addition to its current cannabis-related permits. The ample lot size offers significant expansion potential, allowing for up to 20,000 square feet of additional grow space. Convenient access to major highways and a supportive community further enhances its appeal. Built in 2001, this single-story building is priced at $275,000, or $118.39 per square foot. This property is ideally suited for entrepreneurs seeking a ready-to-use or easily adaptable space in a prime Jackson location.

• Alternative Use

  Use

  Valuation

  Residential

  $745,372

  Hospitality

  $682,757

  Educational

  $568,046

  Medical

  $587,582

  Retail

  $883,627

Location Insight

City

Jackson

County

Jackson

State

Michigan

Latitude

42.2543

Longitude

-84.3561

CBSA code

27100

CBSA name

JACKSON, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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