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I502 Cannabis farm and residential property

5016 East Elk to Highway Road, Elk, WA, USA
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Cannabis Real Estate Listings | Cannabis & Hemp Residential Acreage For Sale

Listing ID : 971157

Listed On September 8, 2026 View Count 22

Listing Updated September 8, 2026

Price :
$750,000
Business Overview :
License Details :
Business Location Details :
Utilities:
Electricity, Well Water
Terms :
Financing:
Cash
Reason for Selling:
Retiring
Company Overview :
Description :

TURNKEY I-502 CANNABIS FARM | 15.18 ACRES | TWO HOMES | EXCEPTIONAL INFRASTRUCTURE
Rare opportunity to acquire a well-established, LCB-compliant I-502 farm operation situated on 15.18 acres
of level farmland, with an impressive collection of agricultural, residential, and commercial infrastructure
already in place. The property has remained active and violation-free, with a 10-year rental history and
significant potential for continued operation and expansion.
The property features a 3-bedroom, 1-bath primary residence plus a separate 2-bedroom, 1-bath ADU,
providing excellent flexibility for owners, managers, or rental income. Agricultural improvements include
three greenhouses, a 10×20 seedling house with power and water, a 60×40 shop with a 20×30 addition, 200-
amp 3-phase power, water, septic and concrete floor, plus a 30×35 stick-built barn and 30×30 outbuilding.
Approximately 6 acres are currently fenced and designated for cannabis rentals, with room to expand.
Multiple production areas offer substantial utility infrastructure, including 400-, 600-, 400-, and 200-amp 3-
phase power configurations, along with water service to multiple areas.
The property also benefits from a private well with water rights, approximately 55–58 feet deep and
certified at 15 GPM in 2019. The pump, pressure tank and electrical system were updated in 2019. Three
sides are fenced, with two sides adjoining county land, offering privacy and a desirable agricultural setting.
Two existing tenants are interested in selling Producer/Processor licenses, creating an additional
opportunity for an experienced operator or investor, subject to all applicable licensing and regulatory
requirements.
A rare combination of established cannabis infrastructure, residential accommodations, water rights,
substantial power, agricultural improvements and proven rental history—ready for its next chapter.

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