Property Description
Listing #5053
Asking Price: $575,000
WeCann is excited to present this rare opportunity to acquire a pre-operational cannabis retail storefront license in a city within Madera County, CA. The municipality is poised for growth in the cannabis market. With a population of over 70,000 people, favorable demographics, a supportive community, and a population that values cannabis products, this is an ideal location for a dispensary. The buyer will be responsible for the buildout, applying for the state license, and finalizing city licensing. The property the license is tied to is in a great area for a dispensary, and is currently for sale, allowing you to be your own landlord.
Investment Highlights
- Only one other dispensary is operational in the jurisdiction currently
- Great Location:
- Frontage on a main thoroughfare in a busy part of Madera with great signage
- Traffic Counts: Approximately 36,000 cars daily
- Located in a commercial zone surrounded by retail businesses and residential communities
- Proximity to major roads, highways, and public transportation
- Property Size: 7,000 SF
- Great Parking: 20+ stalls
- Construction Plans Completed
- Buyer would be responsible for buildout, applying for state license, and finalizing city licensing
- Property Asking Price: $1,100,000
- License Asking Price: $575,000
Meilad Rafiei – License# 01788589 – WeCann
Documents
Property Id: 37288
Price: $ 575,000
Property Size: 7,000 ft2
Property Status: active