Hops Farmland and Processing Facility

Special Purpose for Sale
Catylist Listing ID: 30745951
Property Subtypes: Agricultural
Building Size (RSF): 12,000 SF
Sale Price: $1,800,000 - 1,900,000
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Up For Auction: Yes
Auction Type: Undisclosed Reserve
Sealed Bids: Yes
Call for Offers: Yes
Cap Rate: Undisclosed
Last Updated: 7/9/2021

Overview / Comments

Sealed Bid Auction featuring Hops Farmland and Processing Facility. This property is a 40 acre hop farm, including 28 acres of trellised and irrigated hops and a 12,000 SF high quality processing facility, conveniently located near interstate 94 and Grand Rapids. The hops are mature and are of highly desirable varieties including cascade (3 acres), magnum (3 acres) and 22 acres of additional trellises (which can be removed at the buyers request). The processing facility is 12,000 SF and includes 4800 SF harvest room, 1200 SF cooler, 4200 SF packing room, and a 1800 SF dryer room. There is also a 1800 SF recently remodeled office building near the road. The land and equipment is ideal to be continued as a hop farm or for a conversion to hemp processing or specialty crops. There are many other potential uses for the land and buildings. Don’t miss out on this great opportunity!
Equipment not included but available upon request. Please reach out if interested in including the equipment as an option in your Bid.

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Barry
Taxing Authority: Barry
Tax ID/APN: 03-028-019-60
Property Condition: Good

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,157 2,675 6,547
Median Age: 42.67 45.37 46.58
Households: 448 1,060 2,699


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