Property Description
Listing #5192
Asking Price: $750,000
This turnkey, fully licensed dispensary in San Bernardino presents a rare opportunity for a buyer to step directly into a fully compliant operation. The license is approved at both the state and city level, with all inspections complete and a Certificate of Occupancy in place. The retail space is fully built out, debt-free, and importantly, has no prior operational history, ensuring a clean slate with no hidden liabilities. Located just off the I-215 and I-10 interchange within the thriving Hospitality Lane commercial corridor, the site offers excellent visibility, strong co-tenancy, ample parking, and consistent consumer traffic from nearby residents, commuters, and airport travelers. With historical cannabis retail sales in San Bernardino peaking above $140 million annually and national forecasts projecting steady growth through 2025 and 2026, this is a prime opportunity to launch quickly and capture market share in a proven retail hub.
Market Strength & Growth Potential
- San Bernardino retail cannabis sales exceeded $140M annually at peak
- Market contraction in 2023 creates entry at a lower cost basis
- Cannabis sales in the city are expected to increase year over year
- Expanding Inland Empire population drives long-term consumer demand
Prime Location Advantages
- Immediate access to I-215 & I-10 freeways
- Situated in San Bernardino’s busy Hospitality Lane district
- Proximity to San Bernardino International Airport
- Strong co-tenancy and ample customer parking
Turnkey Property & Financial Highlights
- Fully licensed at both city & state level
- Certificate of Occupancy in hand; all approvals complete
- ~1,200 SF dispensary – completely built out and ready to operate
- No prior operations – no liabilities, debt-free asset
- Minimal setup required: just staff, computers, and inventory
- Lease: $8,500/month
- Asking Price: $750,000
Meilad Rafiei – License# 01788589 – WeCann