CannaMLS ID: 262559

Cannabis Dispensary Storefront for sale in San Jose , CA 95111

Operational San Jose Dispensary (Micro Business)

Created  | Updated 

Price

$ 3,500,000

Rare opportunity to acquire one of only 16 operational dispensaries in the highly coveted San Jose market. Dispensary has been operational since 2016 and is gen

listing image

Property

  • Address: 2943 Daylight Way

  • Property is: For sale

    The property may be available both for purchase or for lease. Contact listing author for details.

  • Property type: Agriculture, Industrial, Retail

  • Building size (sq ft): 23,500

Rare opportunity to acquire one of only 16 operational dispensaries in the highly coveted San Jose market. Dispensary has been operational since 2016 and is generating millions in revenue annually. The dispensary operates under a microbusiness license, meaning the business is also permitted to cultivate, manufacture, distribute, and offer home delivery. Large property with plenty of parking. This is ideal for any operator that wants to step into a turnkey, high-volume NorCal dispensary.

• San Jose is the only municipality with licensed retail in the entire county

• All SJ dispensaries were awarded the right to open a second retail location

• Sale price is inclusive of both retail licenses (one operating, one paper)

• The licenses are not tied to real estate and can be relocated within the city

• Zoning and sensitive use restrictions are expected to loosen this year

• Space and licenses are currently underutilized; new owner would realize

immediate value by activating delivery and distribution channels.

NDA required for additional information. Click “Contact Seller” above to inquire further.

Contact Seller

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