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$3,900,000
Est. payment /mo
2 Baths
15,585 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 15,585 sqft
Price per Sqft $250
Municipality Bedford Twp
MLS Listing ID 26041991
Full Baths 2
Year Built 2021
Annual Tax Amount $30,038
Tax Year 2025
Lot Size 110.000 Acres
Acres 110.0
Lot Dimensions Irregular
Property Sub-Type Industrial
Source Michigan Regional Information Center (MichRIC)
Property Description
Paisley Trees Farm — Turnkey Licensed Cannabis Cultivation, Bedford Township $3,900,000 | ±110 Acres Across 3 Parcels | Battle Creek, MI (Calhoun County) The Ellsbury Group presents Paisley Trees Farm, a licensed Class C adult-use outdoor cannabis cultivation operation assembled across three parcels in Bedford Township — 21736 Bedford Rd N (±101 acres, the primary grow parcel), 21678 Bedford Rd N (includes two residential dwellings), and 154 Wells Dr (7 acres with a 5,000 SF warehouse). The farm has two entrances off N Bedford Rd (M-37) and one additional entrance from Wells St, giving separate access to the cultivation and support areas across the site. The grow field is fenced, developed, and irrigated, with trellis structures over planted rows and room to expand canopy across the site's substantial acreage. Two warehouses totaling 16,248 SF support the operation: an 11,248 SF main building at 21736 Bedford Rd N (built 2021) handling drying, processing, and secure storage with dehumidification and ducted air handling, plus the 5,000 SF building at 154 Wells Dr. The two residences at 21678 Bedford Rd N convey with the sale, providing on-site housing for ownership, management, or seasonal labor. The farm operates today under established Michigan CRA licensing — a Class C Grower license (AU-G-C-000871) and an Establishment license (AU-ER-002775) — with the property currently leased to an operating tenant on a triple net basis through March 2027. This structure delivers immediate, stabilized income to a buyer from day one, with no operational responsibilities required during the remaining lease term. As that lease approaches expiration, the buyer has three paths forward: renew with the current tenant if they wish to continue operating, hire the current owner to run the farm on the buyer's behalf, or step in and take over the licensed operation directly. At ±101 verified acres on the primary parcel alone, this is one of the largest cannabis-permissive land positions in the Battle Creek market — three to thirteen times the acreage of other comparable listings in the area. Outdoor cultivation also carries a significant cost advantage, with production running $150-$300/lb versus $600-$900/lb for indoor grows. Priced at $38,614/acre (based on the 101 verified acres at 21736), the offering sits well below the $45,000-$100,000/acre benchmark for developed, fenced, irrigated outdoor grows — before factoring in the additional acreage at 21678 and 154 Wells Dr or the license premium, which typically adds $25,000-$150,000 in value on top of the real estate when it transfers with a sale. Property Specifications: Parcels: 21736 Bedford Rd N (±101 ac, primary/verified), 21678 Bedford Rd N (includes 2 residences), 154 Wells Dr (7 ac) Total Land: ±110 Acres across all three parcels Frontage: N Bedford Rd (M-37) — two entrances; Wells St — one entrance Municipality/Zoning: Bedford Township, Calhoun County — AA AGR with Cannabis Overlay Grow Field: Fenced, developed, irrigated rows Buildings: 16,248 SF total — 11,248 SF main warehouse (2021) at 21736; 5,000 SF building at 154 Wells Dr Residences: 2 homes at 21678 Bedford Rd N, included in sale CRA Licenses: Class C Grower (AU-G-C-000871) + Establishment (AU-ER-002775) In-Place Lease: NNN, third-party tenant, through March 2027 Post-Lease Options: Renew with tenant, hire current owner as operator, or take over as operator 2025 Property Taxes (21736): $25,432/yr Contract income, remaining lease terms, seller financials, operating expense detail, the itemized equipment and inventory schedule, full license schedule and plant count, and combined legal descriptions/acreage for all three parcels are available to qualified purchasers upon execution of a confidentiality agreement. License transfer is subject to Michigan Cannabis Regulatory Agency approval. The grow field is fenced, developed, and irrigated, with trellis structures over planted rows and room to expand canopy across the site's substantial acreage. Two warehouses totaling 16,248 SF support the operation: an 11,248 SF main building at 21736 Bedford Rd N (built 2021) handling drying, processing, and secure storage with dehumidification and ducted air handling, plus the 5,000 SF building at 154 Wells Dr. The two residences at 21678 Bedford Rd N convey with the sale, providing on-site housing for ownership, management, or seasonal labor. The farm operates today under established Michigan CRA licensing — a Class C Grower license (AU-G-C-000871) and an Establishment license (AU-ER-002775) — with the property currently leased to an operating tenant on a triple net basis through March 2027. This structure delivers immediate, stabilized income to a buyer from day one, with no operational responsibilities required during the remaining lease term. As that lease approaches expiration, the buyer has three paths forward: renew with the current tenant if they wish to continue operating, hire the current owner to run the farm on the buyer's behalf, or step in and take over the licensed operation directly. At ±101 verified acres on the primary parcel alone, this is one of the largest cannabis-permissive land positions in the Battle Creek market — three to thirteen times the acreage of other comparable listings in the area. Outdoor cultivation also carries a significant cost advantage, with production running $150-$300/lb versus $600-$900/lb for indoor grows. Priced at $38,614/acre (based on the 101 verified acres at 21736), the offering sits well below the $45,000-$100,000/acre benchmark for developed, fenced, irrigated outdoor grows — before factoring in the additional acreage at 21678 and 154 Wells Dr or the license premium, which typically adds $25,000-$150,000 in value on top of the real estate when it transfers with a sale. Property Specifications: Parcels: 21736 Bedford Rd N (±101 ac, primary/verified), 21678 Bedford Rd N (includes 2 residences), 154 Wells Dr (7 ac) Total Land: ±110 Acres across all three parcels Frontage: N Bedford Rd (M-37) — two entrances; Wells St — one entrance Municipality/Zoning: Bedford Township, Calhoun County — AA AGR with Cannabis Overlay Grow Field: Fenced, developed, irrigated rows Buildings: 16,248 SF total — 11,248 SF main warehouse (2021) at 21736; 5,000 SF building at 154 Wells Dr Residences: 2 homes at 21678 Bedford Rd N, included in sale CRA Licenses: Class C Grower (AU-G-C-000871) + Establishment (AU-ER-002775) In-Place Lease: NNN, third-party tenant, through March 2027 Post-Lease Options: Renew with tenant, hire current owner as operator, or take over as operator 2025 Property Taxes (21736): $25,432/yr Contract income, remaining lease terms, seller financials, operating expense detail, the itemized equipment and inventory schedule, full license schedule and plant count, and combined legal descriptions/acreage for all three parcels are available to qualified purchasers upon execution of a confidentiality agreement. License transfer is subject to Michigan Cannabis Regulatory Agency approval.
Location
State MI
County Calhoun
Interior
Heating Forced Air
Cooling Central Air
Inclusions Real Estate, Equipment
Exterior
Utilities Available Electricity Available, Electricity Connected
View Y/N No
Roof Type Metal
Building
Foundation Slab
Sewer Septic Tank
Water Well
Structure Type Aluminum Siding
New Construction No
Schools
School District Battle Creek
Others
Tax ID 04-015-007-01
Ownership LLC
Acceptable Financing Conventional, Other, Cash
Listing Terms Conventional, Other, Cash
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Listed by Ellsbury Group
Nearby School & Business
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Nick Schweihofer
Team Leader, Broker | License ID: 6506047709
Team Leader, Broker License ID: 6506047709
REVIEWS
- Nick did an awesome job in helping us find and purchase our condo. He listened to our wants and identified options and in the end we found a good fit for our needs for a vacation home Since we are far from Holland Nick set up a couple video tours to reduce travel. Thanks Nick for all the hard work and insight. We are very excited about our new home!Gordon L
- Nick was awesome to work with! I just went through the process of purchasing my first home and Nick couldn’t have made it any easier. He is super knowledgeable about the industry and the area. He answered all my questions and made sure to point out things I may not be thinking of since it was my first time going through the process. He was attentive, super responsive, easy to talk to, and truly cares about finding his clients a home they’ll love! I’m looking forward to working with him again in the future and would definitely recommend him as an agent!Emily Rzeszutko
- Nick was amazing to work with! This was my first time buying a house. Nick was very patient and took the time to walk me through everything and address all my questions. He was always quick to respond. He was clearly knowledgeable about the area and was great at pointing out and educating me on issues to watch for as we walked through houses. I absolutely recommend Nick to anyone buying or selling a home, and look forward to working with him again in the future!Kayla Kocal
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