CannaMLS ID: 1308
Created | Updated
Price
$ 2,500,000
Northern Roots is a Municipal Approved Medical Provisioning Center allowed location in Au Sable Township, with no other operating locations in adjacent municipa
Address: 635 S State St
Property is: For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Mixed use
Building size (sq ft): 1,997
Northern Roots is a Municipal Approved Medical Provisioning Center allowed location in Au Sable Township, with no other operating locations in adjacent municipalities. Building is 1,997 sqft, business is operational.
Details:
Freestanding building on a corner lot, real estate owned and opened in May 2019.
Provisioning Center was built in 2018 with 12 parking spaces and a monument sign.
The Provisioning Center has 8 employees and $1M+ revenue to date, with $2.5M annual gross revenue forecasted with Recreational sales expected in 2020.
Home delivery started November 2019.
Value add to deal: up to 10 acres down the street with power and water on site for up to 3 Class C Grow Licenses and Processing License.
Utilities
Water on Grid: Yes
Access To Natural Gas: Yes
Ceiling Height: 18
Zoning: B1
Parking: 12
Business Operational? Yes
Terms of lease
For sale: $2,500,000
Corbin Yaldoo - Mid-America Real Estate-Michigan, Inc. - DRE# 6501364626
Address: 635 S State St
Property is: For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Mixed use
Building size (sq ft): 1,997