Marijuana Dispensary Storefront for sale in Irvington , NJ 07111

WeCann is pleased to offer an exceptional opportunity to acquire a pre-operational Class 5 Retailer license, complete with an approved local resolution from the township of Irvington, NJ. This license is associated with a strategically located 3,700 SF property, featuring a favorable lease arrangement. The site benefits from high visibility with frontage on a major thoroughfare, immediate access to the Garden State Freeway, and proximity to a significant transportation hub. The property is surrounded by a mix of national retailers and local businesses, making it an ideal location for a dispensary. The Seller is currently progressing through the CUP process and will collaborate with the Buyer to finalize all local and state licensing requirements.

Investment Highlights:

Limited Competition: One of only four licenses approved in Irvington, NJ

Approvals: Local Resolution and Conditional Approval already secured

Prime Location:

Directly across from the Irvington Bus Terminal

Frontage on Springfield Ave with approximately 17,000 daily vehicle traffic

Adjacent to the Garden State Freeway with a daily traffic count of 198,000

Property Size: 3,700 SF

Monthly Rent:

$2,000 Holding Period Rent – Current rental rate

$7,000 Base Rent upon property possession ($22.83 per SF annually)

Licensing Purchase Price: $1,950,000

Seller financing available

Property Size: 3,700 SF

Monthly Rent:

$2,000 Holding Period Rent – Current rental rate

$7,000 Base Rent upon property possession ($22.83 per SF annually)