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32808743
32298612

560 E Broadway Avenue, Muskegon Heights, MI 49444 For Sale

JN
NY NY 10401310452
Compass Commercial
Listed by Compass Commercial
$2,950,000
76 days on market
Updated 60 days ago
Opportunity zone

Licensed Commercial Cannabis Cultivation Facility

Details
Property Type Special Purpose
Sub Type Cannabis Cultivation
Square Footage 17,981
Tenancy Vacant
Class C
Year Built 1978
Year Renovated 2025
Acreage 1.550
Investment Type Owner/User
Ground Lease No
Ceiling Height Front: 10' | Middle: 15'6" | Rear: 20'

Special Purpose | 17,981 SqFt

Marketing description

Presenting a rare opportunity to acquire a fully licensed, operational commercial cannabis cultivation facility in Muskegon Heights, Michigan — one of the state's most cannabis-friendly markets. This 17,981 SF industrial facility sits on 1.55 acres and has been purpose-built and thoughtfully upgraded to support large-scale, multi-license cannabis cultivation at the highest operational and compliance standards.

The facility holds both a Class-C Adult Use license (2,000 plants) and a Class-C Medical Marihuana license (1,500 plants), granting a combined canopy capacity of 3,500 plants — among the largest allowable under Michigan's MRA regulatory framework. A turnkey operation, the facility is fully equipped and MRA-compliant, with Metrc track-and-trace history and inspection records available to qualified buyers upon execution of a mutually agreed Letter of Intent.

Seller financing is available with $1.5M down on an interest-only, 3-year term at an attractive rate — making this an accessible acquisition for qualified operators and investors.

Investment highlights

  • Class-C Adult Use License - Capacity: 2,000 Plants
  • Class-C Medical License - Capacity: 1,500 Plants
  • Combined canopy capacity of 3,500 plants
  • Licenses are transferable with the purchase of the corporate entity
  • Metrc track-and-trace history and inspection records available upon signed LOI
  • Seller financing available with $1.5M down on an interest-only, 3-year term at an attractive rate
  • 1,200 Amp | 480 Volt | 3-Phase — Commercial Heavy Power
  • 10 total panels; two new 277V panels
  • Trolmaster automation system controlling all lighting and CO2
  • 10 x 10-Ton MRV5 Rooftop Units (100 tons total capacity)
  • 18 Total dehumidifiers
  • 52 cameras | 30-day video retention
  • PIN code access to each individual grow room; key-only exterior entry
  • Active alarm and video security monitoring
  • Fully compliant with all Michigan Regulatory Agency security mandates
  • Rear roof replaced 2018 | Front half replaced 2025 — majority of roof is new
  • Sealed walls; no pest intrusion history

Listing Contacts

JN
NY NY 10401310452
Compass Commercial
Listed by Compass Commercial

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