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2222 W 11 Mile Rd 4,233 SF Industrial Building Berkley, MI 48072 $2,000,000 ($472.48/SF)



INVESTMENT HIGHLIGHTS
- Newly built freestanding provisioning center in 2023.
- Excellent visibility near I-696, Woodward Avenue, and Coolidge Highway.
- Includes real estate and cannabis license for turnkey operations.
- Located in a high-demand retail license market with strong compliance.
- Surrounded by affluent residential neighborhoods and major retailers.
EXECUTIVE SUMMARY
Positioned in the heart of Oakland County’s thriving retail corridor, this newly constructed provisioning center offers a rare opportunity to acquire a fully licensed cannabis retail asset in one of Michigan’s most coveted markets. Built in 2023, the freestanding building combines modern design with operational efficiency, featuring 38 dedicated parking spaces and the potential to expand with additional spaces through an adjacent parcel.
The property benefits from exceptional visibility and accessibility, located just minutes from I-696, Woodward Avenue, and Coolidge Highway. Surrounded by high-income residential neighborhoods and a dense mix of national and regional retailers, this site is primed for sustained consumer traffic and long-term growth. Its strategic placement within a designated retail license zone ensures compliance and positions the asset for continued success under Michigan’s evolving cannabis regulations.
With an asking price of $2,000,000, this turnkey opportunity includes real estate and licensing, enabling a seamless transition for operators seeking to enter or expand in the adult-use cannabis market. The existing infrastructure and experienced staff offer immediate operational continuity, while the building’s contemporary layout supports an elevated customer experience.
Investors and operators alike will appreciate the strong demographics, with average household incomes exceeding $140,000 within a one-mile radius, and a population base of over 340,000 within five miles. This combination of affluent consumers and dense urban connectivity makes 2222 West Eleven Mile Road a premier acquisition in Michigan’s cannabis retail landscape.
The property benefits from exceptional visibility and accessibility, located just minutes from I-696, Woodward Avenue, and Coolidge Highway. Surrounded by high-income residential neighborhoods and a dense mix of national and regional retailers, this site is primed for sustained consumer traffic and long-term growth. Its strategic placement within a designated retail license zone ensures compliance and positions the asset for continued success under Michigan’s evolving cannabis regulations.
With an asking price of $2,000,000, this turnkey opportunity includes real estate and licensing, enabling a seamless transition for operators seeking to enter or expand in the adult-use cannabis market. The existing infrastructure and experienced staff offer immediate operational continuity, while the building’s contemporary layout supports an elevated customer experience.
Investors and operators alike will appreciate the strong demographics, with average household incomes exceeding $140,000 within a one-mile radius, and a population base of over 340,000 within five miles. This combination of affluent consumers and dense urban connectivity makes 2222 West Eleven Mile Road a premier acquisition in Michigan’s cannabis retail landscape.
PROPERTY FACTS
| Price | $2,000,000 | Lot Size | 0.25 AC |
| Price Per SF | $472.48 | Rentable Building Area | 4,233 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Sale Condition | High Vacancy Property | Year Built | 1964 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 4.72/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Zoning | II - Light Industrial | ||
| Price | $2,000,000 |
| Price Per SF | $472.48 |
| Sale Type | Investment or Owner User |
| Sale Condition | High Vacancy Property |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.25 AC |
| Rentable Building Area | 4,233 SF |
| No. Stories | 1 |
| Year Built | 1964 |
| Tenancy | Single |
| Parking Ratio | 4.72/1,000 SF |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | II - Light Industrial |
1 1
Walk Score®
Very Walkable (72)
PROPERTY TAXES
| Parcel Number | 25-17-358-018 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $351,870 |
PROPERTY TAXES
Parcel Number
25-17-358-018
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$351,870
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2222 W 11 Mile Rd
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