CannaMLS ID: 263959
Created | Updated
Price
$ 1,500,000
This opportunity involves a fully vertically integrated cannabis business for sale, located in Lake Elsinore, California, a city with a growing population of ov
Stock image generated by CannaMLS. Request listing photos from seller.
Address (1): 571 Crane Street
Address (2): Unit H
Property is: For lease
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Agriculture, Industrial, Retail
Monthly lease rate: $ 7,209
This opportunity involves a fully vertically integrated cannabis business for sale, located in Lake Elsinore, California, a city with a growing population of over 71,000. The business assets include two units in a business complex, each one measuring 3,200 SqFt. One unit is in the process of being developed into a dispensary and cultivation site, having already secured local approvals and partially completed buildout. The future owner would need to continue the construction and licensing process, but the head start could save a significant amount of time and resources compared to starting from scratch.
The second unit contains a fully licensed delivery service, plus a manufacturing and distribution license. Although the current owners plan to keep the delivery brand and customer database, they will leave behind the fixed assets, allowing the new owner to hit the ground running with their delivery service. The location offers strategic advantages due to its easy access to major highways and a growing local population. The current owner has obtained approvals for Dispensary, Cultivation, Distribution Delivery, & Manufacturing, offering a versatility of business operations. The valuable licenses, which are often challenging and time-consuming to acquire, have already received local approvals. This provides a significant advantage for someone looking to expand or establish their presence in the cannabis industry.
However, the new owner will need to continue with the construction and licensing process, allowing them to customize the space to suit their preferences and create a unique dispensary and delivery service that differentiates them from competitors. In the rapidly evolving cannabis industry, the ability to start operations quickly can be a game-changer. This opportunity represents an excellent starting point for someone looking to make their mark in this thriving industry.
Location 1 Dispensary & Cultivation:
Space: 3,410 SqFt
Rent: $7,209/Month
Lease: Long Term Lease in Place
Roll Up Door On Site
Build-Out Timeline: 3-6 Months (Owners have Active Permits & Partial Buildout)
Approved C.U.P: Micro-Business Retail, Cultivation & Distribution or Manufacturing
In Process of CA State Licensing
City of Lake Elsinore Tax $18/SqFt Annually
Could Get Occupancy in 3-4 Months!!!
Location 2 Delivery, Manufacturing & Distribution:
Space: 3,200 SqFt
Rent: $7,209/Month
Lease: 10YR Lease w/ (2) 5YR
Fully Licensed Delivery Business !!!
Fixed Assets Included in SALE
10 year lease with 2 (5) year options for extension
Stock image generated by CannaMLS. Request listing photos from seller.
Address (1): 571 Crane Street
Address (2): Unit H
Property is: For lease
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Agriculture, Industrial, Retail
Monthly lease rate: $ 7,209