CannaMLS ID: 22284
Created | Updated
Price
$ 2,400,000
Rare receivership sale! Fully operational & turnkey Adult-Use Cannabis Cultivation Facility in Fulton, Michigan. Real estate & 2 Class C licenses included.
Address: 12504 42nd Street
Property is: For sale
Property type: Agriculture
Purchase price: $ 2,400,000
Lot size (acres): 40.42
Building size (sq ft): 23,376
Address: 12504 42nd Street
Property is: For sale
Property type: Agriculture
Purchase price: $ 2,400,000
Lot size (acres): 40.42
Building size (sq ft): 23,376
The property consists of four (4) Greenhouses, a Head House facility, an additional on-site office/residence space, and excess land for expansion on 40+ acres.
Currently operating under two (2) Class C Adult-Use Cultivation Licenses, renewed through April 2026, this facility offers immediate scalability for an experienced operator or investor.
The cultivation infrastructure features high-capacity Gavita lighting, advanced climate automation, and extensive irrigation and HVAC systems.
Security measures, power backup, and odor mitigation are also in place.
Employment retention and increased day-to-day management will ensure a seamless continuity of cash flow and to maintain and increase operations.
Conveniently located in Southwest Michigan's strong climate and offers nearby access to US-131, M-66, I-94, and I-69 freeways.
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