BMG Sales Report

September 29, 2020

9,900 Sq Ft Lansing, Michigan Marijuana Cultivation Facility Sold By Stephanie Goodman

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 4416 North Grand River Avenue, in Lansing, Michigan. The company sold the property on September 24th, with an undisclosed sales price. Stephanie Goodman, owner of Bricks + Mortar Group, represented the buyer.

The block and steel constructed industrial facility is currently approved for use as a Class C marijuana cultivation facility. The building measures just over 9,900 square feet, and features an overhead door, loading dock, heavy power, and 15 foot ceilings. It sits on 1.7 acres, in a high visibility location on Grand River Avenue, near Capital City Airport. The property is zoned H, Light Industrial. Once approved, the cultivation business will help supply marijuana products to Michigan’s busy dispensaries.

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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