CannaMLS ID: 18118

Cannabis Dispensary Storefront for sale in Northampton, MA 01060

Existing Operation w/ Millions in Historic Revenue

Created  | Updated 

Price

$ 500,000

Currently shuttered location looking for a new operator. Has done over $2 million in revenue every year it operated from 2020-2023.

listing image

Property

  • Address: Northampton, MA

  • Property is: For lease

    The property may be available both for purchase or for lease. Contact listing author for details.

  • Property type: Retail, Shopping center

  • Monthly lease rate: $ 4,000

  • Zoning: Commercial/Retail

  • Building size (sq ft): 2,300

  • Parking spots: 50

Description

Currently shuttered location looking for a new operator. Has done over $2 million in revenue every year it operated from 2020-2023. Closed at the end of 2023 at owner's discretion. Owner was absentee & has been looking for new management team. Owner is now considering a sale instead of reopening it.

Leased ~2000sf property with office, security room, 2 inventory rooms, employee lounge, & ~1000sf show floor fully equipped & ready to run. Located in a shopping center with ample parking & high visibility. Lease is ~$4000/month. Operation averaged over 100 customers per day when it was last open. City no longer awards Host Agreements for cannabis retail businesses, so the only way to enter the market is to purchase an existing Host Agreement. State license is active & being renewed annually by owner. Location is turnkey & ready to be run. Located in Northampton, MA.

Contact Seller

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