BMG Sales Report

September 29, 2020

1,974 Sq Ft Bay City, Michigan Marijuana Dispensary 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 3392 South Huron Road, in Bay City, Michigan. The company sold the property September 23rd, with the sale price of $400,000. Stephanie Goodman, owner of Bricks + Mortar Group, acted as the seller’s agent. Alicia Beyer, also of Bricks + Mortar Group, represented the buyer.

The 1,974 square foot building has recently been completely renovated, and sits on 0.66 acres of land. It is located on a busy road, with close to 9,000 vehicles passing by each day. The permitted property is in the C-2, general commercial zoning district, and qualifies to be used as a recreational marijuana dispensary. The high-security building is poised to become one of the city’s first adult-use marijuana shops.

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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