Posted on December 29, 2021 / 15Listing ID: 320802APPLY FOR A REAL ESTATE LOAN
Cannabis & Hemp Insurance
Price : $3,500,000
Status : ACTIVE
Size : 2500
Cannabis or Hemp Use Allowed? : Cannabis
License Type : Recreational

*** SOCAL’S HOTTEST RETAIL CANNABIS MARKET ***

The L.A. nightlife has a new hot trend: WeHo Cannabis Entertainment Venues. This is the ONLY city in LA County which allows edible & smoking lounges. 

Seller has secured rights to a coveted lounge with onsite sales in West Hollywood, and few of the awarded permits are currently operational. Take advantage of this incredible opportunity to create something special in a strong demographic.

  • Permits in Process:
    • Edible Lounge
    • Smoking Lounge 
    • Onsite Sales
  • Strong 3-Mile Demographics
    • Population: 312,000
    • Strong Income: 50% over $100k/yr
    • Educated Population: >80% college educated
    • Youthful Population: 50% ages 20-50
  • Entertainment Driven City
  • Location May Be Moved
  • Buyer to finalize permit and build-out

Strong visibility on Santa Monica Blvd with foot traffic…but city is allowing permits to move. If you want something more entertainment driven, WeCann help you move the permit. The WeHo green-zone is well defined with no buffer between retail permits.

  • +/- 2,500 SF, 2-Story Retail Building
  • Leased Premises
    • 7 Years Remaining 
  • Parking In Rear
  • Well Cared For Property
  • Visibility:
    • 24,000 Cars Per Day
    • Strong “Walk Score”
  • WeCann Farming New Locations

NDA required for more information.

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Contact Listing Owner
Cannabis & Hemp Banking
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