CannaMLS ID: 28646
Created | Updated
Price
$ 499,000
Rare Medical & Adult-Use dispensary business for sale in Buena Vista, CO. Exclusive opportunity in a prime downtown location, attracting high tourist traffic.
Property is: For Lease
Property type: Retail
Monthly lease rate: $ 3,600
Building size (sq ft): 1,200
One of only two dispensaries allowed in the city!
Asking $499k or best offer
Set in the Upper Arkansas Valley beneath the 14,000 ft Collegiate Peaks, Buena Vista is one of Colorado's signature mountain towns and a hub for whitewater rafting, hiking, fishing, hot springs and camping. Its walkable historic downtown, riverfront Whitewater Park and proximity to Browns Canyon National Monument draw visitor traffic well beyond the year-round population, and local licensing caps the town at two dispensaries.
THE OPPORTUNITY
Scarce, capped license. Buena Vista allows only two retail dispensaries. This is one of them, holding both medical and adult-use licenses.
Proven location. Buena Vista's first dispensary, open since circa 2010 and operated continuously until
August 2026.
Priced to sell. Offered at an attractive price to experienced operators looking to expand their CO retail footprint.
Preparing to reopen. The landlord is renovating and subdividing the building for a new cannabis tenant to occupy. Renovations to be completed in 6 months.
Hard to replicate. Very few parcels in town qualify for cannabis use; this is the best of them.
LOCATION HIGHLIGHTS
Prime East Main Street frontage in the historic downtown core.
Half a block from the signalized US 24 / Main Street intersection, the town's main corridor.
Steps to McPhelemy Park and the Buena Vista Public Library; short walk to the Whitewater Park on the Arkansas River.
Gateway to Browns Canyon National Monument, the Collegiate Peaks and Arkansas River rafting.
LEASE DETAILS
~1,200 sq ft retail unit
Undergoing renovations now, will be ready for tenant interior improvements in ~6 months
$3,600 per month NNN with 3% annual increases
10 years with a 5-year renewal option
Prime Main Street retail location
Message seller for more details
Property is: For Lease
Property type: Retail
Monthly lease rate: $ 3,600
Building size (sq ft): 1,200
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