Listing ID : 811465
Listed On June 21, 2024 115
Listing Updated June 25, 2024
MA State and Local Approvals for Cultivation and Manufacturing
Well-kept building in coastal Massachusetts approved for cultivation and manufacturing at the state and local levels: provisional state approval and HCA (Host Community Agreement) in place. Massachusetts is a healthy east-coast cannabis market, which is much further along than other nearby “cannabis markets”, ie New York, New Jersey, Pennsylvania, etc. Owner is ready to make a deal on these approvals, and will lease or sell the real estate at standard market prices!!!
License Highlights:
- State Provisional Approval:
- Cultivation and Manufacturing
- Host Community Agreement (HCA):
- Renewed in May 2024
- Standard, cannabis-friendly agreement
- 10,000 SF of Cultivation Canopy
- Create your design with the City of Plymouth
- Special permit in process, but ready for finishing touches
- Strong workforce base with high education levels
Real Estate Highlights:
Located just 40 miles south of Boston on the eastern seaboard, Plymouth has a moderately sized, well-educated demographic. The property boasts plenty of power with reports as high as 2,400 amps (new occupant/owner to verify), 18’ clear height with dock high doors (3) and 1 grade level roll-up, and sits at the end of cul-de-sac. The building is vacant in shell condition, and has been well cared for by the current owner.
- 23,500 SF on 1.58 acres
- Excellent freeway access
- Cul-de-sac location
- Huge power
- Well cared for
- LEASE OR PURCHASE
- $14/SF/yr NNN ($1.17/SF/Mo)
- Purchase: $3,600,000 ($153/SF)
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