MI > Detroit
Detroit, MI 48204,8700 MILITARY Street
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Dirk Stone

Dirk Stone

+1(231) 740-9298
$ 3,500,000
Est. payment /mo
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Price Dropped by $750K

8700 MILITARY Street Detroit, MI 48204

24,000 SqFt

UPDATED:

11/13/2024 08:08 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 24,000 sqft

Price per Sqft $145

MLS Listing ID 20240072429

Originating Board Realcomp

Year Built 1924

Annual Tax Amount $8,269

Property Description

Operating Adult-Use Cultivation facility available for sale – two (2) Class C Cultivation Licenses and real estate included.The site has 22,000 SF currently operational for Cultivation use and a 2,000 SF space in white-box form dedicated to additional Cultivation space or a Processing License, which is already permitted with the Special Land Use.The building features six (6) flower rooms which have forty-nine (49) double-ended lights.It also features one (1) large Veg/Mother/Clone room with forty-nine (49) double-ended lights, a dry room, a trim/packaging room, and an office.It is equipped with a fully automated GrowLink Irrigation System with nutrient dosers and dab pumps. Includes two (2) 2000-gallon reserve tanks and six (6) 500-gallon mix tanks. There is one (1) dedicated 500-gallon mix tank for each flower/veg room.GrowLink Environmental Control System. Every room has two (2) environment sensors, and each table has water content meters.The building has a 2000 amp 277/480V electrical service with dedicated panels for each room and surge protectors, along with State-Of-The-Art thirty-seven (37) cameras security system.Conveniently located near I-96 and a short drive from Downtown Detroit, this property offers excellent access, a thriving residential community, and established national/regional tenants.This opportunity combines the convenience of taking over an existing operation with the growth potential to increase capacity with a stronger management team.

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Commercial

Direction E MILITARY PART OF P C 574 , DESCRIBED AS FOLLOWS: BEGINNING AT THE INTERSECTION OF THE NORTHERLY LINE OF LINSDALE AVE 60 FT WD AND THE EASTERLY LINE OF MILITARY STREET 50 FT WD, THENCE ALONG SAID EASTERLY LINE OF MILITARY STREET N 27D 47' 23\" W 475.69 FT TO P.O.B; THENCE CONTINUING N 27D 47' 23\" W 99 FT TO A POINT, THENCE N 62D 23' 17 \" E 261.68 FT, THENCE S 27D 26' 43 \" E 99 FT, THENCE S 62D 27' 17 \" W 261 FT TO P.O.B.SPLIT/COMBINED ON 10/31/2019 FROM 16016104.;

Interior

Heating Forced Air

Exterior

View Y/N No

Building

Foundation Slab

Sewer Public

Water Public

Structure Type Block

Others

Tax ID W16I016104S002

Listed by C3 CRE, LLC

Dirk Stone

+1(231) 740-9298

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8700 MILITARY Street