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Berkley-Butter Provisioning Center & Ind 2 Properties Offered at $3,489,800 CAD in Berkley, MI


INVESTMENT HIGHLIGHTS
- The site is centrally located to I-696 freeway, Woodward Avenue, and Coolidge Highway.
- Located in a capped retail license market, this operating Adult-Use Provisioning Center provides the opportunity to maintain the existing cash flow.
- Surrounded by a high-income residential population and a strong mix of national and regional tenants.
- Rare opportunity for a flagship location in the heart of one of Oakland County's best suburbs.
EXECUTIVE SUMMARY
Rare opportunity for a flagship location in the heart of one of Oakland County's best suburbs – includes both the real estate and business/license. 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.
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.
PROPERTY FACTS
| Price | $3,489,800 CAD | Number of Properties | 2 |
| Price / SF | $383.83 CAD / SF | Individually For Sale | 0 |
| Sale Condition | Bulk/Portfolio Sale | Total Building Size | 9,092 SF |
| Sale Type | Investment | Total Land Area | 0.47 AC |
| Status | Active |
| Price | $3,489,800 CAD |
| Price / SF | $383.83 CAD / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 9,092 SF |
| Total Land Area | 0.47 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 2200 11 Mile Rd, Berkley, MI 48072 | Flex | 5,230 SF | 1964 | - |
| 2222 W 11 Mile Rd, Berkley, MI 48072 | Industrial | 3,862 SF | 1964 | - |
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Berkley-Butter Provisioning Center & Ind
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