Albion Industrial Park

Industrial for Sale
Also listed as Special Purpose
Catylist Listing ID: 30772488
Building Size (RSF): 111,644 SF
Gross Building Area: See Agent
Gross Land Area: 12.30 Acres
Sale Price: $4,750,000
Unit Price: $42.55 PSF
Ceiling: 22 ft.
Docks/Doors: 10 Docks, 2 Doors
Office SF: 2,000 SF
Drive In Bays: 2 Bays
Property Use Type: Vacant/Owner-User
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 8/8/2022

Overview / Comments

Albion's Premier Cannabis Cultivation Opportunity. Building qualified for unlimited
cultivation and processing licenses. The property owners are in the process of
converting five (5) medical licenses into Adult-Use (recreational) Cultivation Licenses. Contact listing agents for additional information.

Financials

Finance Data Year 2022
Real Estate Taxes - Annual($) $73,238 (Annual)
Finance Data Year 2020
Real Estate Taxes - Annual($) $74,169 (Annual)

Additional Details

Nearest MSA: Battle Creek
County: Calhoun
Tax ID/APN: 51-006-469-00
Zoning: M1P LIGHT INDUSTRIAL
Property Located Between: South of Michigan Ave.
Year Built: 1991
Year Renovated: 1996
Roof Type: Other
Construction/Siding: Steel Frame
Exterior Description: Insulted Steel
Parking Description: 82 + Trailer
Overhead Cranes: Undisclosed
Sprinklers: Other
Amps: 1,200
Volts: 480
X-Phase: 3
Heat Source: Other
Lighting: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,441 10,934 14,022
Median Age: 30.37 34.22 36.32
Households: 580 3,838 5,023
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