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5840-5852 Hubbard Ave 16,800 SF 100% Leased Industrial Building Garden City, MI 48135 $2,598,307 CAD ($154.66 CAD/SF)

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Investment Highlights

  • Municipal approved vertical cannabis opportunity available for sale—license and real estate included.
  • Constructed in 1976, this building features 18'9" to 19'9" ceilings and thirty-nine (39) parking spaces.
  • Approved construction drawings are included in the sale.
  • This freestanding property is zoned M-1 Light Industrial and is suitable for a wide variety of industrial uses.
  • One (1) acre of this property is undeveloped and can be used for additional parking, storage, or future expansion.

Executive Summary

Positioned within a dense and well-established Garden City neighborhood, 5848 Hubbard Street represents a rare municipal-approved vertical cannabis opportunity tailored for operators seeking a strategically entitled, industrial-zoned asset with built-in scalability. Surrounded by a strong residential base and national retailers along the nearby Ford Road corridor, the property benefits from exceptional local demand drivers and a traffic count exceeding 39,000 vehicles per day just blocks away. This freestanding structure, constructed in 1976 and situated on two acres, offers a versatile configuration that supports a wide range of industrial applications while accommodating cannabis production, processing, or vertically integrated operations.
The property’s high ceilings and expansive interior volume create operational efficiency, while its large on-site parking capacity, including an additional one-acre area suitable for expansion, staging, or further redevelopment, gives owners significant optionality. The building is positioned within an M-1 Light Industrial zone, ensuring compatibility with various industrial and cannabis-related uses. All municipal zoning, drawings, and approvals required for vertical cannabis operations are already included in the sale, streamlining the path to activation and reducing entitlement friction.
With seller financing available, this offering becomes accessible to both established operators and well-capitalized newcomers seeking to secure a permitted foothold in a competitive market. The property’s location, just minutes from key regional thoroughfares, enhances distribution capabilities while supporting workforce accessibility. Survey, site plan, and floor plan materials are included to assist buyers evaluating layout efficiencies, future visioning, or redevelopment planning.
This asset stands as a compelling blend of location, entitlement, and flexibility. Whether deployed as a turnkey cannabis facility or repositioned for broader industrial use, 5848 Hubbard Street delivers strong fundamentals, ready entitlements, and meaningful expansion potential within a high-visibility Garden City setting

Property Facts

Price $2,598,307 CAD
Price Per SF $154.66 CAD
Sale Type Investment or Owner User
Sale Condition High Vacancy Property
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 2.00 AC
Rentable Building Area 16,800 SF
No. Stories 1
Year Built 1976
Parking Ratio 2.38/1,000 SF
No. Drive In / Grade-Level Doors 7
Zoning I-1 - Industrial

Property Taxes

Property Taxes

Parcel Number
35-004-99-0016-000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$378,649 CAD
  • Listing ID: 39606419

  • Date on Market: 2026-02-27

  • Last Updated:

  • Address: 5840-5852 Hubbard Ave, Garden City, MI 48135

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