CannaMLS ID: 21765
Created | Updated
Price
$ 3,600,000
Seller financing available
Rare Adult-Use Dispensary for Sale in Berkley, Michigan. Flagship location, includes operational business, license, and real estate. Ideal for investors.
Address: 2200 & 2222 West Eleven Mile Road
Property is: For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Retail, Industrial
Lot size (acres): 0.45
Building size (sq ft): 9,463
Parking spots: 38
Address: 2200 & 2222 West Eleven Mile Road
Property is: For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Retail, Industrial
Lot size (acres): 0.45
Building size (sq ft): 9,463
Parking spots: 38
Freestanding building built in 2023 with 38 parking spaces, with the potential to add up to an additional 20 spaces with an adjacent neighbor.
The site is centrally located to I-696 freeway, Woodward Avenue, and Coolidge Highway.
Surrounded by a high-income residential population and a strong mix of national and regional tenants—providing additional exposure and traffic.
Located in a capped retail license market, this operating Adult-Use Provisioning Center provides the opportunity to maintain the existing cash flow and increase sales under amplified day-to-day management and existing employee retention. All that is missing is new branding and inventory.
Included in the sale price is the neighboring industrial building, currently leased to a storage tenant at
$3,938.00 per month Gross and the lease expires in the middle of 2027, offering great upside as an investment. It can be excluded from the sale and sold separately, subject to an agreed-upon deal for the PC.
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