Commercial listings / Industrial / For sale

2N Watabeag Road, Kirkland Lake, ON P0K 1S0

$11,900,000

Property type
Industrial
Transaction
For sale
Location
Kirkland Lake, Timiskaming
Building area
32 Acres
MLS® number
T13557688

Description

Exceptional opportunity to acquire a turnkey indoor cannabis cultivation and processing facility situated on approximately 32 acres in Ontario. The property features a 44,000 sq. ft. licensed cultivation and processing facility, a 10,000 sq. ft. warehouse, plus 7,000 sq. ft. of additional storage buildings, all within a fully fenced and highly secure site. The facility is equipped with active Health Canada Cultivation & Processing Licenses, 2-3 M hydro capacity, premium LED lighting, automated environmental controls, backup generators, office space, employee facilities, and ample parking. Designed to the highest industry standards, it offers consistent production and is ready for immediate operation. Currently leased to an established tenant generating $70,000 per month, with vacant possess: available, providing flexibility for investors or owner-operators. Significant excess land offers excellent potential for future expansion or alternative industrial uses, Must be severance to 32 acres under proses. Approximately 11,000 sq. ft. of table cultivation space with the capacity to produce up to 3,600 kg of cannabis annually.

Listing brokerage: RE/MAX PREMIER INC.

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