10040 N Dort Hwy - Distribution FOR SALE


Clio, MI 48420
$1,950,000 USD
248-877-4429
10040 N Dort Hwy, Clio, MI for Sale
$1,950,000 USD
Distribution - FOR SALE
1/13
null | 7% Cap Rate

10040 N Dort Hwy
Clio, MI 48420


HIGHLIGHTS

  • Easily accessible location with strong logistical connectivity and a fully fenced lot approved for outdoor operations.
  • 5.4-acre cannabis campus featuring 16,000 SF main facility, 4,000 SF auxiliary building, and 3,600 SF greenhouse.
  • 5,500 SF dedicated dry/cure space plus processing and pre-roll automation equipment included in the sale.
  • Provisioning center partially built out with municipal approvals and approved plans in place.

OVERVIEW

This 5.4-acre cannabis campus in Clio, Michigan and includes the land, real estate, and, if desired, the fully operational cannabis business (Business will to stay on and lease if all the space is not needed). The property features approximately 20,000 square feet of building space, including a 16,000-square-foot main facility, a 4,000-square-foot auxiliary structure, and a 3,600-square-foot greenhouse, all municipally approved for adult-use cultivation, processing, and retail dispensing. The site is equipped with advanced infrastructure such as 110 LED grow lights installed in late 2023, dual reverse osmosis systems, automated feeding and irrigation, significant water storage, and processing equipment, along with a dedicated 5,500-square-foot dry/cure area. A partially completed provisioning center with approved plans enhances the retail potential, while historic performance of approximately $900,000 adjusted EBITDA for 2025 underscores operational viability. Mortgage assumption of about $1.1 million and seller financing options make this an attractive investment for operators, landlords, or investors seeking a turnkey platform with expansion capacity. Current owner will to Lease parts of the building if not all the space is needed.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$82 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Fully Verticle Cannabis Campus

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - Well, Sewer - City, Heating - Gas

CLEAR CEILING HT

20 Ft

DOCKS

9

DRIVE INS

9

PARKING SPACES

32

LAND DETAILS

LAND ACRES

5.34

LAND SF

232,610

ZONING

CO

APN/PARCEL ID

17-30-300-016

ASK ABOUT THIS PROPERTY

Robert DenhaContact RealtyMore Info
248-877-4429

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Robert DenhaContact RealtyMore Info
248-877-4429

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.