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2N Watabeag Road

2N Watabeag Road

Kirkland Lake, ON

  • 32 sqft
  • Industrial
  • 70 days on market
$7,990,000Price reduced 33%

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 Details

Taxes (2026)
$9,750
Originally Listed
$11,900,000
Listed
July 13, 2026

Price History

Listing history

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Property

Lot Size
630.6 x 799.77 Feet

Parking

Garage
Outside/Surface

Utilities

Sewer
Septic

Location & Legal

Cross Street
Watabeag Road/Highway 66
Zoning
COMMERCIAL
Parcel Number
612410052
Possession
Flexible
Occupancy
Owner+Tenant

Commercial

Business Type
Other

Included

Inclusions
All The Equipment's

Community

Postal area P0K

Population
11,456
Private dwellings
6,383
Median age
49.2
Average household size
2.2
Median household income
$75,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Kirkland Lake · last 12 months

Median sold price
$187,500
Homes sold
180
Median days on market
38
Sale-to-list price
91.6%

Based on 180 recorded sales of commercial properties in Kirkland Lake over the last 12 months.

Listed by

RE/MAX PREMIER INC.

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Annual property tax
$9,750

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

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Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions backup generators. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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