258Listing ID: 238600GET REAL ESTATE FINANCING
Cannabis & Hemp Insurance
Price : Inquire for Price
Status : ACTIVE
Size : 1,997 SF
Lot Size (Acres) : 0.35 Acres
Cannabis or Hemp Use Allowed? : Cannabis
License Type : Recreational, Medical, Medical & Recreational
Year Built : 2019
Sale Type : Cash, Owner Financing
Utilities : Water, Electricity, Gas, Sewer, Natural Gas, Trash
Company Name : Mid-America Real Estate-Michigan,Inc.
Phone : 248-752-1276
  • Northern Roots is a Municipal Approved Medical Provisioning Center allowed location in Au Sable Township, with no other operating locations in adjacent municipalities.
  • 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 $1.5M+ revenue to date, with $3.5-4.0M annual gross revenue forecasted with Adult-Use sales expected in 2021.
  • Home delivery started November 2019. Adult-Use sales started in March 2021.
  • 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.
Contact Listing Owner
Cannabis & Hemp Banking
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