CannaMLS ID: 20603
Created | Updated
Price
$ 1,999,995
Licensed Class 5 Retail Dispensary for sale in Downtown Jersey City, NJ. Prime location. Fully approved with permits in progress.
No property for sale or lease (license only)
This listing offers a rare and highly strategic opportunity to acquire a fully licensed Cannabis Class 5 Retail Dispensary in the heart of Downtown Jersey City, one of the fastest-growing and most affluent urban markets in the Northeast.
Located just steps from the Grove Street PATH Station, which serves over 4.8 million NYC-bound commuters annually, this dispensary is positioned to capture both high-volume foot traffic and a well-heeled local consumer base. With Downtown Jersey City’s median household income exceeding $175,000 and a continued influx of professionals, families, and tech-sector talent, this location provides immediate access to a built-in, upscale clientele.
Key Highlights:
• Annual Class 5 Retail Dispensary License in Hand
--- Fully approved at both the state and municipal level, including zoning and planning board approvals. This license bypasses the city’s new cap on dispensary licenses, securing your place in the market.
• 2,500 Sq. Ft. Commercial Space
--- Spacious, flexible layout ideal for high-end retail design, inventory storage, and compliance needs.
• Permits in Progress
--- Architectural and construction permits are currently under review, allowing the buyer to customize the buildout and branding strategy from the ground up. This is a blank canvas for operators to create a premium, differentiated retail experience.
• Market Timing Advantage
--- With demand for cannabis licenses and compliant real estate surging across New Jersey—and local licensing caps in place—this offering presents a rare entry into a tight and valuable regional market.
--- Unlike oversaturated states such as California or Colorado, New Jersey’s adult-use market remains strong, with limited license holders and robust pricing power.
--- In 2024 alone, the state generated over $800 million in cannabis sales and continues to project exponential growth through 2027
Investor & Operator Appeal:
This listing is ideal for multi-state operators, local entrepreneurs, or investors seeking a fully approved asset in a premium, densely populated metro area with upward market momentum.
Optional Partnership Opportunities:
Seller is open to partnership or equity-based structures for qualified parties.
Contact: jcdispo25@gmail.com
An executed Non-Disclosure Agreement (NDA) and proof of funds is required to receive the full offering memorandum and financials.
No property for sale or lease (license only)
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