301 Bowie St

FOR SALE OR LEASE
DEVELOPMENT SITE/MIXED-USE CANNABIS – 42.4 ACRES

Cross Streets: Bowie St & Drexel St

Ideal for Dispensary, Grow Facility, Production and Onsite Consumption

LOCATION: The site is in the heart of the City of Hartford, MI and in the City’s central business district. The City of Hartford is located in southwestern Michigan along Red Arrow Highway. The City is adjacent to Interstate 94, which offers an excellent connection to major Midwestern population centers and distribution routes. The site is within 45 minutes of the Indiana border. Four Winds Casino is conveniently located 3 miles west of the site.

PROPERTY OVERVIEW: This 42-acre site is the home of Hartford Speedway, a regional 3/8-mile clay racetrack that draws over 30,000 visitors annually. This site is the best one-and-only site for multi-use cannabis (grow/dispensary/ onsite consumption) that could be paired with a restaurant/bar/coffee shop. There is ample land for multiple uses on the site and enough parking for all uses.

The City approved recreational and medical marijuana use and has several licenses available for micro-grow facilities, dispensaries, and onsite consumption, making this site ready to fill the gap in the region for grow facilities, dispensaries, and consumption on-premises. Cities close by within an approximately 40-minute drive include Benton Harbor/St. Joseph, Coloma, Watervliet, Niles, South Bend, South Haven, and Stevensville. Most of these cities do not have or allow licenses. The City of Bangor is the closest grow facility, Niles and Watervliet have dispensaries but not grow facilities, and Benton Harbor/St. Joseph do not have facilities.

NEARBY TENANTS: Nearby tenants include: Four Winds Casino, Family Dollar, Dollar General, Rite Aid, Harding’s Friendly Market, Chemical Bank, Med Leaf, and Marathon Gas.

DEMOGRAPHICS (2019)              3 MILES            5 MILES        10 MILES         20 MILES             50 MILES

Population                                        5,354                  10,897            36,477               169,453                 1,436,719
Households                                      1,832                    4,013             13,875                 65,948                  364,02
Median Household Income         $44,301               46,362          $49,962             $48,828                $55,620

PROPERTY FEATURES

AVAILABLE SPACE: 42.4 acres with at least 5 property splits available.

ZONING: LI Light Industrial District.

CONSTRUCTION: Auto Racetrack Facilities; 4” irrigation well.

ALLOWABLE LICENSES:
Class A – 500 Marijuana Plants
Class B – 1000 Marijuana Plants
Class C – 1500 Marijuana Plants
Processor
Secure Transporter
Dispensary
Lab

ELECTRIC: 3-phase power located in three locations on the site. Two 400-amp services located in the middle of the site.

UTILITIES: City water and sewer as well as natural gas are on the property.

PARKING: Sufficient space to accommodate required parking.

AVAILABILITY: Immediately.

SALES & LEASE PRICE: Please Inquire.

DELIVERY CONDITION: As-is.

OPPORTUNITY: Ownership will consider a partnership, sale or lease structure.

Gina Caruso
312-802-9290
gina@lordcompanies.com