BMG Sales Report

September 29, 2020

1.91 Acre Battle Creek, Michigan Marijuana Cultivation Facility Sold By Stephanie Goodman & Alicia Beyer

Waterford, MI: Bricks + Mortar Group, a Michigan female-owned and operated real estate company specializing in property zoned for marijuana use, is excited to announce the sale of 8500 Stringham Road, in Battle Creek, Michigan. The company sold the property September 23rd, with a sale price of $80,000. Alicia Beyer, of Bricks + Mortar Group, represented the buyer. Stephanie Goodman, also of BMG, represented the seller.

The large parcel of industrial land is currently vacant, and measures just under 2 acres. It is green zoned and permit-ready. The property is fully cleared and ready to build. It is in the I-1 zoning district, and qualifies for all five types of marijuana licenses. The local municipality allows both medical and adult-use facilities within its limits.  The buyer has plans to open a cultivation and processing business on the site. The new marijuana facility will help supply marijuana products to dispensaries all over the state of Michigan.

After Michigan’s recent decision to allow both medical and recreational marijuana businesses, the demand is rising for city-approved property on which to place the facilities. Many municipalities are approving new marijuana business applications, as the tax revenue can be highly beneficial to cities. For more information about buying and selling with Bricks + Mortar Group, and to view current listings, click HERE.

About Us: Bricks + Mortar Group, a women-owned and operated real estate investment firm based out of Michigan, specializes in the development of property zoned for marijuana related use. Founded in 2015,  Bricks + Mortar Group began with a focus on investment real estate and business brokerage. The company was rebranded in 2017 to focus exclusively on the cannabis industry, and has become a widely known industry leader in cannabis real estate and aggregation of related data. The robust team of experts at BMG are able to provide everything from brokers price opinion reports, business valuations, investment advice, ordinance reviews, and more. The company has quickly established themselves as the top marijuana real estate firm in Michigan.

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