(SOLD) Nearly Turnkey Cultivation Site For Sale
510 Industrial Dr, Leslie, MI 49251
Status: For Sale
Sale Price: $2,350,000
Year Built: 2022
Total Area: 12,060 sq. ft.
Location: Leslie, MI
Potential Use: Cultivation
Lot Size: 0.5 Acres
Marketing Description
Take a look at this opportunity to take over a licensed and nearly finished recreational cannabis cultivation site. This is a brand new build and the owner did not spare any expense while they were building it out. The owner has over $4.5m invested into this and is unable to continue. The site sits on 0.5+ acres and is ripe for expansion. All HVAC, electrical and plumbing work is complete, so all that is left is finishing touches. The onsite power includes 800 amps, and 480 volts with consumers approval to go up to 1600 amps if needed.
There is approximately $400k worth of work to get the site turnkey and state license ready. The general contractor believes all work can be completed in 30-45 days max. The seller is incredibly flexible with the down payment, so heavy seller financing terms are available for qualified purchasers.
Investment Highlights
12,060 SF Of Premium Cannabis Cultivation Space
Onsite Power: 800 Amp, 480 Volt, 3-phase
0.5+ Acre Site For Expansion
85%-90% Fully Turnkey
Brand New Build ($4.5m+ Invested)
Very Flexible Seller Financing Terms
Interested?
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