206 W PARK Drive $7,000,000

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    206 W PARK Drive Kalkaska, MI 49646

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    $7,000,000

    Market Estimate
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    • 19,200 sq. ft.
    • 2.24 Acres
    • Commercial Lease
    • MLS# 60236484
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    Views: 200 Days On Site: 498

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    Property Details

    Operating Adult-Use State Cultivation and Processing Facility available for sale, with two (2) Class C Cultivation licenses and a Processing License. The building features 5,836 SF of flowering canopy, 1,472 SF of vegetative canopy, and 676 SF of mother canopy. Three flower rooms fitted with Thrive Apex 300-watt LEDs, two flower rooms with Hydrofarm 1000-watt double-ended HPS, and one flower room with Fluence Viper 630-watt LEDs. Currently producing 250 pounds of premium cannabis monthly, sold in roughly 70+ retail locations across Michigan. A state-of-the-art facility with fully automated irrigation and dosing systems. A combination of Pipp racking system and rolling flood tables. Dehumidifiers and Humidifiers in dry rooms for optimal drying/curing. Environmental control by Trane Synchrony. Equipped with a C1D1 room, extraction equipment, and a commercial kitchen. This opportunity includes the rights to produce and sell Ryba's Roots Cannabis Infused Confections. A partnership between Classic Roots Farm, and Ryba's Fudge Shop, a famous Mackinac Island fudge company In Northern Michigan. An exceptional staff that would like to stay on provides this opportunity with immediate operational support and cash flow. A neighboring transportation company allows for low transport fees when distributing product throughout Michigan. Opportunity to purchase the adjacent property for expansion that is 33,129 SF and sits on 2.47 acres. In addition, opportunity to purchase the operational Classic Roots Farm retail store in Owosso, MI. More information can be provided upon inquiries.

    • General Features
      • Acreage 2.24
      • Area Municipality Kalkaska (40013)
      • County Kalkaska
      • Originating MLS RealComp
      • Ownership Private
      • Subdivision INDUSTRIAL SUB
      • Total SqFt Finished 19200
      • Waterfront Y/N No
      • ZONING Industrial
    • Building Features
      • Exterior Construction Other
      • Heating System Forced Air
      • FUEL TYPE Natural Gas
    • Property Features
      • Water Public Water
      • Lot Size irregular
      • Sewer Septic Public Sanitary

    Neighborhood

    49646 (Kalkaska) Demographics

    44 Median Age
    36 Population Density (per sq. mile)
    20% College Educated
    $45,443 Estimated Median Income
    2,762 Estimated Total Home Owners
    734 Estimated Total Renters
    79% / 21% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    8,246 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $270,000 Median Sales Price
    9 Homes Sold
    25 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $7,000,000
        7/12/2023 12:22:00 PM New in Database Source: Multiple Listing Service New Value: $7,000,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.