560 E Broadway
Muskegon, MI, 49444 $ 2,950,000
Bedrooms-- Baths-- Sq 17,981 Monthly Estimate*
$ 18,627
for $2,950,000. This 17,981 square foot building was built in 1978 on a lot size of 1.55.
Presenting a rare opportunity to acquire a fully licensed, turnkey commercial cannabis cultivation facility in Muskegon Heights, Michigan. This purpose-built 17,981-square-foot industrial facility sits on 1.55 acres and has been thoughtfully designed to support efficient, large-scale cultivation while meeting all Michigan Cannabis Regulatory Agency (CRA) compliance standards. The property includes one Class C Adult-Use Cultivation License with a 2,000-plant capacity and one Class C Medical Grower License with a 1,500-plant capacity, providing a combined licensed canopy of 3,500 plants. The licenses are transferable through the sale of the operating entity, allowing a buyer to acquire an established cultivation platform without the delays of the licensing process. The facility is fully operational and equipped with 1,200-amp, 480-volt, 3-phase electrical service, ten electrical panels including two new 277V panels, a TrolMaster automation system controlling lighting and CO2, ten 10-ton MRV5 rooftop HVAC units, 18 commercial dehumidifiers, and a comprehensive security system featuring 52 cameras with 30-day video retention, PIN-code access to each grow room, monitored alarms, and full CRA compliance. Metrc track-and-trace history, inspection records, and operational documentation are available to qualified buyers upon execution of a mutually acceptable Letter of Intent. Seller financing is available with $1.5 million down on an interest-only, three-year term at an attractive rate, creating a compelling opportunity for operators and investors seeking immediate production capacity in one of Michigan's most established cannabis markets. Pictures of grow-rooms and security room available upon request.
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FeaturesGeneralHeating Forced Air
Cooling Central A/C Humidity Control Other
Possession At Close
Roof Composite
Water Public Water
Status Active Active
Year Built 1978
Parking Parking Lot
Subdivision none MI
County Muskegon
Class COM/IND/BUS OPP
Type Commercial/Industrial
Business Name Cannabis Cultivation
Ownership Private
Municipality Muskegon Twp
Section 5
Zoning Industrial
Sale/Rent For Sale
Status Detail 0
Commercial Features 3 Phase Power Concrete Floor Fixtures Hoists Loading Dock(s) Overhead Doors Security Syetem Owned
Area Muskegon Twp (61012)
Primary City Muskegon
Location Corner Lot
Directions corner of Broadway and Jarman
Financial Terms Cash Commercial Loan Exchange/Trade
Legal Description CITY OF MUSKEGON HEIGHTS E MANAHAN URBAN RENEWAL REPLAT #1 LOT 11 EXC. THE N 75' THEREOF
DOM 1
Postal Code 49444
Price Per Sq Ft Total AG 164.06
Public Remarks Presenting a rare opportunity to acquire a fully licensed turnkey commercial cannabis cultivation facility in Muskegon Heights Michigan. This purpose-built 17
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ExteriorExterior Aluminum Block Steel
Lot Size Area 1.55
Lot Dimensions 245X255
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InteriorCeiling Height Less than 16 Ft.
Fuel Type Natural Gas
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* Excluded FeaturesList ByAusten LobenherzListing Agent
Berkshire Hathaway Home SvcsBroker
austentherealtor@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $18,627
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Muskegon, MI
Average List Price $247,967
Percent of Sale Price 92%
About Muskegon, MI 39,458 Population
1% Since 2002
$ 28,840 Median Income
35.7 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/2/2026 | $2,950,000 | | Listed Price |