Cannabis & Hemp Insurance
Price : $3,900,000
Listing Type : Retail For Sale
Status : ACTIVE
Lot Size (Acres) : 2
Cap Rate : 19
Cannabis or Hemp Use Allowed? : Cannabis
License Type : Recreational
Sale Type : Cash, Financing, Owner Financing
Utilities : Water, Electricity, Gas, Sewer, Natural Gas, Trash
Company Name : EXIT Realty Home & Ranch
Phone : 970 274 2742

RARE OPPORTUNITY to enter the marijuana business right here in Southwest Colorado. The purchase price will include the businesses of the marijuana dispensary and indoor cultivation center (including licensing), plus the real estate of both locations!  Imagine spending your days out with views of the San Juan Mountains, or bordering the San Juan River.  It’s possible, as this opportunity consists of a total of 1.4 acres between the 2 properties—One downtown and one just off Piedra road.

The dispensary, located on the east side of downtown Pagosa Springs, on Main Street, boasts over half an acre backing up to the San Juan river allowing for significant expansion.  There is so much room for growth,  that you can construct and develop additional structures without interrupting your retail business operations.  The current structure, on this lot, totals 437 sq/ft.  Don’t let it’s size fool you, though small, this location pulls in a significant amount of business.  With a great location to downtown, this is an easy stop for those coming in and out of town heading toward Wolf Creek Pass or down Highway 84.

The cultivation center, located on .86 acres, is located out by the airport and holds a tier 1 license for 1800 plants. An application can be submitted to further this level if a need is shown; however, this cultivation center provides 100% of their bud and bud-based products. Archuleta County does require that 70% must come from within the county, so this combined opportunity is a great way to stay efficient. The current metal building structure built in 2016 has two floors, with three grow rooms, a drying room, and various work areas / offices. The building has an advanced security system with over 40 HD and infrared cameras. Current grower is able to yield about 2.5 lbs per light. Purchase will include inventory and fixtures including over 80 grow lights (HPS, MH, and LEDs), integrated nutrient tanks, CO2 air feed, industrial air conditions, etc. The electric system boasts an 800 amp, 480 volt phase 3 meter panel and wiring system. The existing building and parking take up less than a third of the lot allowing for additional buildings or greenhouses.

Please contact listing agent for further specifics, inventory, and NDA for financials. This is an amazing opportunity to own your own business and real estate, in the beautiful San Juan mountains, while making a great return. 

Contact Listing Owner
Cannabis & Hemp Banking
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