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1900 W Main St 10,789 SF Industrial Building Ionia, MI 48846 $172,216 CAD ($15.96 CAD/SF)



INVESTMENT HIGHLIGHTS
- Turnkey greenhouse cultivation facility with Class C license.
- Fully equipped with lighting, irrigation, and security systems.
- Located in a strong demographic area with robust household incomes.
- Two climate-controlled greenhouses plus steel building for processing.
- Convenient access to I-96 and M-66 for regional distribution.
EXECUTIVE SUMMARY
Positioned in the heart of Mid-Michigan, this operating greenhouse cultivation facility offers a rare turnkey opportunity for investors and operators in the cannabis industry. The property spans 3.57 acres and includes two climate-controlled greenhouses and a dedicated steel building, all designed for efficient production and compliance. Equipped with advanced lighting systems, irrigation, supplemental lighting, and robust security measures, the facility is ready for immediate use.
Strategically located near I-96 and M-66, the site provides excellent regional connectivity, ensuring streamlined logistics and distribution. Surrounded by a strong residential base and national retailers, the property benefits from a stable local economy and favorable demographics, with average household incomes exceeding $80,000 within a five-mile radius.
This offering includes real estate, existing infrastructure, and a Class C cannabis cultivation license, creating a compelling value proposition for operators seeking to expand or establish a presence in Michigan’s growing cannabis market. With an asking price of $125,000, this asset represents an affordable entry point into a high-demand sector.
Strategically located near I-96 and M-66, the site provides excellent regional connectivity, ensuring streamlined logistics and distribution. Surrounded by a strong residential base and national retailers, the property benefits from a stable local economy and favorable demographics, with average household incomes exceeding $80,000 within a five-mile radius.
This offering includes real estate, existing infrastructure, and a Class C cannabis cultivation license, creating a compelling value proposition for operators seeking to expand or establish a presence in Michigan’s growing cannabis market. With an asking price of $125,000, this asset represents an affordable entry point into a high-demand sector.
PROPERTY FACTS
| Price | $172,216 CAD | Rentable Building Area | 10,789 SF |
| Price Per SF | $15.96 CAD | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built/Renovated | 1970/2022 |
| Sale Condition | High Vacancy Property | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.2/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 12’ |
| Building Class | C | No. Dock-High Doors/Loading | 1 |
| Lot Size | 2.74 AC | No. Drive In / Grade-Level Doors | 1 |
| Zoning | COM - 201 Commercial | ||
| Price | $172,216 CAD |
| Price Per SF | $15.96 CAD |
| Sale Type | Investment or Owner User |
| Sale Condition | High Vacancy Property |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 2.74 AC |
| Rentable Building Area | 10,789 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1970/2022 |
| Tenancy | Single |
| Parking Ratio | 1.2/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | COM - 201 Commercial |
AMENITIES
- Cooler
- Floor Drains
- Front Loading
- Storage Space
UTILITIES
- Lighting
- Gas - Propane
- Water - Well
- Sewer - Septic Field
- Heating - Gas
PROPERTY TAXES
| Parcel Number | 34-051-026-000-001-02 | Improvements Assessment | $120,691 CAD |
| Land Assessment | $19,999 CAD | Total Assessment | $140,690 CAD |
PROPERTY TAXES
Parcel Number
34-051-026-000-001-02
Land Assessment
$19,999 CAD
Improvements Assessment
$120,691 CAD
Total Assessment
$140,690 CAD
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1900 W Main St
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