1952 W Houghton Lake Dr - Freestanding FOR SALE


Houghton Lake, MI 48629
$895,000 USD
313-444-1470
1952 W Houghton Lake Dr, Houghton Lake, MI for Sale
$895,000 USD
Freestanding - FOR SALE
1/8
null | Request Cap Rate

1952 W Houghton Lake Dr
Houghton Lake, MI 48629


HIGHLIGHTS

  • Turnkey recreational grow
  • 4,880 SF grow w/ 3,120 SF for expansion
  • Purchase or lease
  • All equipment included in the sale
  • 800 Amp, 480 volt electrical output

OVERVIEW

High-End 8,000 SF Recreational Grow For Sale or lease (4,880 SF Built Out) Come take a look at this opportunity to either purchase or lease this 8,000 SF turnkey recreation cannabis cultivation facility. The entire facility is 8,000 SF but it is currently bifurcated into two spaces, 1) 4,880 SF of turnkey cultivation space, and 2) 3120 SF of old retail floor space. The current dry room was originally designed as a flowering room so the new owner could easily convert the retail space into a new drying room as well as other ancillary space, which would make room for at least 1 more flower room. There are currently 3 flower rooms (430 SF each), 1 dry room (430 SF), and 1 veg room (313 SF). A 4th flowering room could be added with minimal effort. The owner spared no expense when building this out out by adding 1) 5 tons of HVAC per grow room, 2) auto watering systems, 3) (2) quest dehumidifiers, 4) 15 Gavita 1500wt led lights per flower room, 5) Troll Master Pro runs in all rooms, as well as repaving the driveway and replacing the roof. This is a great opportunity to take over and possibly expand a high end turnkey recreational grow facility with minimal capital. The seller is open to an outright sale, land contract or lease of the facility. The seller is either looking for $895,000 for a sale or $8,500/mo + NNN on a long term lease. For qualified purchasers, the seller would be willing to hold a seller financing note.

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$112 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Turnkey Houghton Lake Grow For Sale or Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

commercial

APN/PARCEL ID

003-016-004-0200

ASK ABOUT THIS PROPERTY

Scott RobertsMCP Brokerage LLCMore Info
313-444-1470

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Scott RobertsMCP Brokerage LLCMore Info
313-444-1470

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.