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MA State and Local Approvals for Cultivation and Manufacturing

19 Richard's Road, Plymouth, MA, USA
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  • Cannabis Businesses For Sale | Cannabis Business Licenses For Sale
  • Cannabis Businesses For Sale | Cannabis Business Licenses For Sale
  • Cannabis Businesses For Sale | Cannabis Business Licenses For Sale
  • Cannabis Businesses For Sale | Cannabis Business Licenses For Sale
  • Cannabis Businesses For Sale | Cannabis Business Licenses For Sale
  • Cannabis Businesses For Sale | Cannabis Business Licenses For Sale

Listing ID : 811465

Listed On June 21, 2024 View Count 12

Listing Updated June 25, 2024

Status :
Price For Sale:
$250,000
Real Estate:
Available for Purchase
License Type:
Medical & Recreational
Cannabis or Hemp Use:
Cannabis Only
NDA Required:
Yes
Description :

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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