21736 Bedford Road N, Battle Creek, MI 49017 (MLS# 26041991)

SqFt Information: Fire Sprinkler System; Smoke Detector(s)

Uses: Recreation; Storage

Ownership: LLC

Business Includes: Equipment; Real Estate

Construction Type: Steel

Exterior Material: Aluminum Siding

Roofing: Metal

Foundation: Slab

Below Grade: None

Tenant Pays All: Building Insurance; Electric; Gas; Prop Taxes/Assess

Sewer: Septic Tank

Water: Well

Utilities Attached: Electricity Connected

Util Avail at St: Electricity Available

Heat Source: Natural Gas

Heat Type: Forced Air

Air Conditioning: Central Air

Purchase Terms Avail: Cash; Conventional

Docs at List Office: Aerial Photo; Other

Sale Conditions: None

Possession: Close Of Escrow

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.