LOCATION LOCATION LOACTION

CannaMLS ID: 13361
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Price: $1,500,000


Listing Details


Listing Category
Dispensary
Home Delivery

License Status
State / annual license granted


Price: $1,500,000

Listing Status: For Sale

Oregon Weedery Dispensary for Sale in the high density neighborhood of NW 23rd and Kearney.  Near Good Samaritan Hospital and Salt and Straw ice cream.  One of the first Dispensary’s in Oregon established in 2012 as a medical marijuana store.  Now we are a full service recreational dispensary with approved delivery.

 

We enjoy a 3500 SF building with retail available on the 1st and 2nd stories (retail approximately 2400 SF).  Our Lease is $3500/month plus property taxes and is renewable every 5 years for perpetuity.  The lease includes First-Right-of-Refusal to purchase the building.

 

The neighborhood already one of the highest density population area’s in Oregon along with being a major tourist destination is a few blocks away from the Slab Town Center Development.  Which is a development centered by New Season’s and includes hundreds of new apartments and condo’s scheduled to be completed in 2024.  There is a 1000’ rule in Portland for dispensary’s and no additional dispensary’s are allowed in this neighborhood.

 

For those looking to vertically integrate we also have an OLCC Producers license available to purchase as a separate sale.

 

We have had a good run are old and wanting to retire.  The store has been profitable every year since opening.  With the change of Federal Marijuana Classification on the horizon abolishing the 280E tax codes and all the new people coming into the neighborhood the future of this business is very bright Green.

 


Listing Details

Listing Status
For Sale

Location
PORTLAND, Oregon 97210

Date Listed For Sale:
6/28/2024

Date Last Updated:
6/30/2024

Property Details

Buiding Size (sq ft)
3500 sq ft

Pricing Details

Listing Price
$1,500,000

Seller Financing Available?
NO

Property Lease Rate
$3,500/month

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