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$12,000,000
515 Hammontree Dr, Morenci, MI 49256
0 Beds
0 Baths
24,000 SqFt

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MAKE US AN OFFER for this State of the Art Turn Key Marijuana Grow Facility with 3 Class C Recreational and 1 Medical Class C grow licenses. No expense was spare with this build. This 24,000 sq ft facility was completed in 2021 and is fully equipped with everything you need. There are 8 grow rooms, 6 of which have 52 HPS lights for flower and 2 rooms for veg and mothers. For HVAC, there are 6, 20 ton HVAC units and two 12.5 ton units. It also has a 1,000 Kilowatt transformer. In addition, there are 2 drying rooms, a trim room and a large vault. All of this is on 3.16 acres where you could expand approximately an additional 43,000 sq ft. Income and Expenses are projected. LAND CONTRACT TERMS AVAILABLE WITH A MINIMUM OF 50% DOWN! All information is estimated and should be verified.
  • Price:
  • $12,000,000
  • Square Footage:
  • 24,000
  • Acreage:
  • 3.16
  • Year Built:
  • 2021
  • Listing ID #:
  • 2220017410
  • Street Address:
  • 515 Hammontree Dr
  • City:
  • Morenci
  • State:
  • Michigan
  • Postal Code:
  • 49256
  • County:
  • Lenawee
  • Community:
  • Morenci
  • Subdivision:
  • Assr's Plat No 1 - Morenci City
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial
  • Exterior Features:
  • Whole House Generator
  • Foundation:
  • Slab
  • Foundation Material:
  • Poured
  • Has Handicap Features:
  • Accessible Approach With Ramp, Accessible Common Area, Accessible Doors, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s), Accessible Kitchen, Accessible Kitchen Appliances
  • Main Level Square Footage:
  • 24000
  • Office Square Footage:
  • 651
  • Siding:
  • Block/Concrete/Masonry
  • Stories:
  • 1 Story
  • Total Building Square Footage:
  • 24000
  • Year Built:
  • 2021
  • Business Type:
  • Agricultural, Manufacturing, Recreational
  • Net Operating Income:
  • 3230259.00
  • Operating Expense:
  • 1626075.00
  • Conforms To Zoning:
  • Light Industrial
  • Existing Land Use:
  • Fully Operational Marijuana Cultivation Facility
  • Road Frontage:
  • 222
  • Road Frontage Type:
  • Paved
  • Days On Market:
  • 103
  • Financing Options:
  • Cash
  • For Sale Or Lease?:
  • Sale
  • Summer Tax:
  • 36429.0000
  • Winter Tax:
  • 53370.0000
  • Existing Water:
  • Public (municipal)
  • Heating:
  • Forced Air, Central Air
  • Heating Fuel:
  • Natural Gas
  • Sewage Type:
  • Public Sewer (sewer-Sanitary)
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

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