240 Watts RdJackson, MI 49203

For Sale
$275,000

Jackson, MI Retail Space - $275,000

Overview

Added:
Dec 11, 2024
Days on market:
93
This 3,804-square-foot storefront in Jackson, Michigan, presents a unique investment opportunity. Situated on a 0.78-acre lot, the property boasts a versatile history, previously used for light manufacturing and currently undergoing conversion into a medical grow facility. Approximately 2,000 square feet are already renovated, with an additional 1,200 square feet under renovation. The existing build-out includes infrastructure for substantial cannabis cultivation, capable of supporting up to 1,500 plants per crop, complete with an on-site drying facility. High-quality features include polyaspartic flooring, a reverse osmosis system with a 750-gallon water tank, nutrient tanks, an irrigation pump system, and a full bath. Climate control is ensured with two 5-ton AC units and two dehumidifiers. Security measures are in place with security cameras and a chain-link fence with an electric gate. The property's zoning allows for various uses, including manufacturing, certain businesses, or industrial applications, in addition to its current cannabis-related permits. The ample lot size offers significant expansion potential, allowing for up to 20,000 square feet of additional grow space. Convenient access to major highways and a supportive community further enhances its appeal. Built in 2001, this single-story building is priced at $275,000, or $118.39 per square foot. This property is ideally suited for entrepreneurs seeking a ready-to-use or easily adaptable space in a prime Jackson location.

Highlights

  • 3,804 SF storefront on a 0.78-acre lot in Jackson, MI.
  • Partially renovated medical grow facility (2,000 SF complete, 1,200 SF under renovation), capable of supporting up to 1,500 plants.
  • Features include polyaspartic flooring, reverse osmosis system, climate control, security system, and ample expansion potential (up to 20,000 additional SF).
  • Zoned for various uses, including manufacturing and industrial applications; currently permitted for cannabis cultivation.
  • Priced at $275,000 ($72.18 PSF).

Property Details for 240 Watts Rd

Property type
Other retail properties, Individual retail properties
Square Feet
3,804 SF
Year Built
2001
Stories
1
Lot Size (sq. ft)
33,977 SF

Location Insight

City
Jackson
County
Jackson
State
Michigan
Latitude
42.2545621
Longitude
-84.3561561
240 Watts Rd, Jackson, Michigan

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240 Watts Rd
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