CannaMLS ID: 26594
Created | Updated
Price
$ 3,000,000
Established I-502 cannabis dispensary for lease in Seattle, WA. Prime turnaround opportunity with historical monthly sales exceeding $1.3M.
Address: 115 Blanchard Street
Property is: For lease
Property type: Retail
Monthly lease rate: $ 12,500
Zoning: General Commercial
Lot size (sq ft): 3,999
Building size (sq ft): 2,500
Ceiling height (ft): 12
Parcel number: 1977200696
This established cannabis retail operation represents a compelling turnaround opportunity in Seattle's dynamic marijuana market. Once recognized as one of Washington State's premier cannabis retailers, this location achieved remarkable success, generating over $1.3 million in monthly sales at its peak performance.
The business was built on a foundation of exceptional customer service and strategic market positioning, establishing itself as a cornerstone destination for cannabis consumers throughout the region. During its prime operating years, the store developed a loyal customer base and earned recognition for its sales volume achievements within Washington's competitive cannabis landscape.
While the business has experienced challenges that have impacted its current performance, the fundamental infrastructure, established location, and proven market demand remain intact. The existing customer relationships, brand recognition, and operational systems provide a solid foundation for restoration.
This presents a unique opportunity for an experienced operator or motivated entrepreneur to revitalize a proven business model. With the right vision, capital investment, and operational expertise, the new owner can restore this location to its former status as a market leader.
The cannabis industry in Washington continues to show strong fundamentals, and Seattle remains a key market with sustained consumer demand. This business offers the rare chance to acquire an established operation with demonstrated historical success, existing infrastructure, and the potential for significant revenue recovery.
For the right buyer, this represents more than just a business acquisition - it's an opportunity to write the next chapter of a success story, bringing this respected cannabis retailer back to its position of market prominence while serving the Seattle community.
Address: 115 Blanchard Street
Property is: For lease
Property type: Retail
Monthly lease rate: $ 12,500
Zoning: General Commercial
Lot size (sq ft): 3,999
Building size (sq ft): 2,500
Ceiling height (ft): 12
Parcel number: 1977200696
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