Investment Opportunity Summary

Turnkey Cannabis Cultivation Facility & Retail Development Site
2335 W Main St, Lowell, MI 49331
Offered at: $3.35 million | Land Contract Terms Available

Opportunity Overview

This property presents a rare opportunity to acquire a fully licensed, turnkey cannabis cultivation facility located in one of Michigan’s most supportive cannabis municipalities—Lowell, just 18 miles east of Grand Rapids. This 27,000 SF facility on 3.11 acres is equipped for immediate cannabis production and scalable growth, representing a high-value investment for multi-state operators, regional players, or industrial real estate investors seeking strategic market entry.

The facility includes:

• 10,000 SF of active cultivation space
• 4 flower rooms and 1 veg room
• 375 total grow lights (224 HPS + 146 LED)
• 10× 20-ton HVAC units, fire suppression, and high-security systems
• 2,500 amps of 3-phase power
• Modern administrative offices for full operational oversight

The site is fully compliant and operational since 2022, with systems designed to meet the high demands of regulated cannabis production and adaptable for vertical integration or future expansion.

Retail & Redevelopment Upside

The property also includes a 1,200 SF standalone retail/office building on Main Street, with 15,800+ vehicles per day passing by. This offers an exceptional opportunity for:

• Retail dispensary development
• Branded cannabis showroom
• Third-party commercial lease

The dual-use potential of the site creates a strong foundation for seed-to-sale operations or mixed-use redevelopment, backed by flexible zoning and infrastructure-rich facilities.

Strategic Market Advantages

Location Strength

• Situated in Lowell, an early adopter of adult-use cannabis licensing
• Within the Grand Rapids MSA, population over 1 million
• Strong area demographics with $108K average household income (5-mile radius)
• Cannabis-friendly policies and excise tax reinvestments support ongoing industry growth

Cannabis Market Momentum

• Michigan is the #2 cannabis market in the U.S. by revenue
• Over $3B in cannabis sales in 2023 with double-digit annual growth
• Lowell historically supported 9 dispensaries; current consolidation to 5 creates a more sustainable, less saturated landscape

Alternative Use Potential

Though designed for cannabis, the facility is well-suited for:

• Light manufacturing or tech R&D
• Food processing or cold storage
• Last-mile logistics or warehousing
• Clean energy or lab space conversions

Infrastructure includes climate control, security, fire suppression, and power systems that would cost millions to replicate—offering immediate savings and adaptability to non-cannabis users.

Financial Snapshot (2023)

• Revenue: $520,584
• Positive cash flow potential with clear pathways for operational improvement and revenue scaling