I-502 Cannabis Cultivation Farm for Sale in Benton City, Washington with 35 Acres

Turnkey Tier 3 Prod/Proc. on 35 Acres

Benton City, WA 99320

Created 3/26/22 | Updated 3/26/22

Price

$ 1,600,000

Seller financing available

I-502 cannabis cultivation farm for sale in Benton City, Washington. Turnkey, revenue-generating on 35 acres. Sun-grown, expansion potential.

Property
Licenses
General

Property

Property is: For sale

The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Agriculture
Purchase price: $ 1,200,000
Lot size (acres): 35
Building size (sq ft): 2,950

Founded in 2013, this resilient farm has withstood a number of downturns in the market for cannabis by producing high-quality sun-grown cannabis at a low-cost and developing a loyal following of customers. The farm has recently opened many new retail store accounts expanding their footprint and is well positioned to survive the next round of industry consolidation.

The farm is a very well-equipped sun-powered grow with multiple greenhouses, light deprivation hoop-houses, a tractor, irrigation system, pollinator, fertigation truck and ample HVAC equipment on a 35-acre parcel with a 3000 square foot farmhouse. Portions of the 35-acre parcel could likely be subdivided and sold to recoup a large portion of the invested capital or kept for expansion once licensing restrictions loosen up.

A number of small investments could take the farm to the next level. For example, improved packaging could increase margins and covering the unfinished greenhouses could enable year-round harvesting.

Inventory not included in the asking price.

Real estate to be included in sale.

Property
Licenses
General

Property

Property is: For sale

The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Agriculture
Purchase price: $ 1,200,000
Lot size (acres): 35
Building size (sq ft): 2,950