Cannabis Cultivation Business & Real Estate For Sale in Modesto, California

Fully Built Out Turnkey Cannabis Indoor Cultivation Business For Sale With the Option to Purchase the Real Estate (Modesto, California) #1853

Take advantage of a rare opportunity to acquire a fully built-out and operational cannabis indoor cultivation business in Modesto, California. With an asking price of $425K, this turnkey operation is ready for a new owner to generate revenue from day one. The facility spans 3,200 sq ft and is equipped with 87 lights across four dedicated grow rooms, plus a 600 sq ft propagation building. The property is a true gem, featuring a transformer and more than enough power to support an additional 40 lights, which can be installed in a smog shop space at the front of the lot. The property owners are also motivated to sell the real estate, providing a unique option to secure your long-term investment. While currently a cultivation site, the property is reportedly zoned for manufacturing and distribution as well (buyer to verify), offering potential for future expansion. The current lease is $7,290 but is open to negotiation with a friendly landlord, who may be willing to renew the lease at a lower rate of $4,500.

The California cannabis market is the largest in the world and continues to expand, presenting significant upsides for cultivators. While wholesale prices have faced challenges, recent reports indicate they are stabilizing and even recovering, driven by increased legal production and a continued shift of consumers away from the illicit market. With ongoing efforts by the state’s Department of Cannabis Control (DCC) to crack down on unlicensed operations and streamline regulations, the landscape for licensed businesses is becoming more stable. As the legal market’s share of total consumption grows and with the recent legislative push for cannabis lounges and other consumer-friendly experiences, the demand for high-quality, legally produced cannabis is on the rise, making this an opportunity to invest in a well-equipped cultivation business.

Details:

Total Space: 3,200 Sq Ft

Propagation Building: 600 Sq Ft

Rent: $7,290/Month (May Renew Down to $4,500/Month)

Lease: Ending Soon (Open to Negotiating with the Landlord)

Lights: 87

Grow Rooms: 4

Front of Property has a Smog Shop that can Add Another 40 Lights

Transformer on Lot

Power: Enough to Add Another 40 Lights

Zoned for Manufacturing and Distribution

Agreeable Landlord

Annual License

Licenses:

Indoor Cultivation – for cultivators who grow cannabis in a permanent structure using at least 25 watts of artificial light per square foot.

Asking Price: $425,000.000 (Seller Open To Offers)

Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group®®, Inc.

Green Life Business Group®®, Inc DRE CA LIC# 02061374

Elliot Cardenas, DRE CA LIC# 02138336

If you have any questions Call Elliot (619) 770-2699

Email: elliot@glbgroupinc.com

Green Life Business Group®® Inc. we are here to both help you sell or buy a cannabis business.