Approved Cannabis 6-unit Industrial Park

Vacant Land for Sale
Catylist Listing ID: 30543795
Property Subtypes: Agricultural, Industrial
Gross Land Area: 9.70 Acres
Sale Price: $200,000 - 1,100,000
Unit Price: $20,618 - 113,402 Per Acre
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 1/8/2020

Overview / Comments

Brownfield eligible property
Seller financing available
Located south east of downtown Bangor
Municipal Special Land Use approval for Grow and Processor licenses with transportation and testing permitted by zoning.

Unit 1 - $200,000; 2 Class C Grow Licenses, 1 Processor License.

Unit 2 - $200,000; 2 Class C Grow Licenses, 1 Processor License.

Unit 3 - $350,000; 1 Class A Grow License, 2 Class C Grow Licenses, 1 Processor License.

Unit 4 - $400,000; 1 Class A Grow License, 3 Class C Grow Licenses, 1 Processor License.

Unit 5 - $250,000; 3 Class C Grow Licenses, 1 Processor License.

Unit 6 - $250,000; 3 Class C Grow Licenses, 1 Processor License.

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Van Buren
Taxing Authority: City of Bangor
Tax ID/APN: 80-54-812-060-00, 80-54-812-059-20
Zoning: CANNABIS

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 713 5,332 8,360
Median Age: 38.98 37.31 37.88
Households: 261 1,947 3,012
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.