Listing ID : 914362
Listed On September 22, 2025 223
Listing Updated May 14, 2026
Listing Highlights :
Class 5 Dispensary License for Sale – Prime Location in Downtown Newark, NJ
Fully Approved | Construction-Ready | Prime Location | Landlord open to selling the building
This is a rare opportunity to acquire a fully approved Annual Class 5 Recreational Dispensary License in Downtown Newark, one of New Jersey’s most promising cannabis markets. This location is construction-ready and strategically positioned in a high-traffic retail corridor, with no currently operating recreational dispensaries within several blocks.
Location Details
Main Street, Downtown Newark
Dense foot traffic, strong retail synergy, and transit access
Positioned to serve the downtown business district, commuters, and growing residential base
Asset Details
- Annual Class 5 Recreational Dispensary License (fully approved) with delivery and wholesale.
- Lease structure ready (7-year term anticipated; final terms negotiable)
- 5,000 sq. ft. leased space (7500 sq. ft)
- 2,500 sq. ft. retail storefront
- 2,500 sq. ft. upper level (ideal for offices or storage)
- An additional 2500sq.ft unfinished basement
- Demolition complete
- All municipal permits in place
- Utilities and systems ready for build-out
Ideal Buyer Profile:
-MSOs expanding into Newark or North Jersey
-Investors seeking an entitled, high-ROI retail asset
-Operators ready to go live without navigating the zoning process
Price: Upon Request
Serious inquiries only. Full documentation and site details available upon NDA.
Contact directly to discuss terms or schedule a walkthrough.
Please call Maj @ 646 920 2094
Contact Listing Owner
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