(Sold) Kalamazoo Township Vertical Opportunity
Kalamazoo Township, MI
$3,500,000
Status: For Sale
Area: 67,000 SF
Location: Kalamazoo Township, Mi
Potential Use: Provisioning, Cultivation, Processing
Sale Price: $3,500,000
Lot Size: 10.5 Acres
Overview
This huge 67,000+ square foot facility is zoned I2 in Kalamazoo Township which provides the unique ability to be vertically integrated. Kalamazoo Township has opted in for both medical and adult use cannabis ordinances. Kalamazoo Township has an uncapped ordinance for growers, excess growers, processors, retailers, etc… Despite the massive size of this building and it’s 10.5 acre lot, the owner has already put in a security fence that completely surrounds the building and the land. The Phase I grow room (~13,000 sq/ft) with a new roof is partially built out, painted and separated into 4 different grow spaces. The Phase II grow room (~30,000 sq/ft) has space and drawings for 17 separate grow spaces, and ample power of 2400 amps throughout the building. On top of 43,000 square feet of grow space, there is approximately 24,000 sq/ft of excess office, processing, retail, and warehouse space. This unique opportunity to protect your bottom line and carve out a massive share of the market with this vertically integrated property won’t last for long. Price is firm, but the owner is willing to offer seller financing with a sizeable down-payment.
Highlights
Building Size: 67,000+ square ft of total space, fully fenced in
Acreage: 10.5 acres
Power: 2400 Amps, 880 volt, 3-phase
Zoning: I2, vertically integrated for all Cultivation, Processing, Retail, Safety Compliance, or Micro
Med/Rec: Uncapped growers/excess growers, processors and retail licenses
Phase I Grow: ~ 13,000 square ft, new roof, 4 grow rooms
Phase II Grow: ~30,000 square ft, w/ plans for 17 grow rooms
Excess space: ~24,000 square ft of retail/Processing/office/retail space