Great opportunity to acquire a Tier 2 Micro-Cultivation License. The license will need to be moved to a new location and there is also the option to purchase the underlying 5.1 acre property! There is a 1,200 Sq Ft shop on site. The Tier 2 license allows for 2,400 Sq Ft and currently only 800 Sq Ft were being utilized for the business. The property is grandfathered in with a Multi-use agricultural license. There is also a beautiful 2,500 Sq Ft home on the property that consists of 5 bedrooms and 3.5 bathrooms, valued at $950,000! This is a great opportunity for someone who is looking to target a major cannabis market in Oregon, a Multi-State Operator looking to have a boutique line or someone who is looking to enter the industry.
Cannabis Businesses were labeled as essential businesses in March of 2020, meaning that the Department of Public Health clarified that Cannabis has medical uses, allowing all cannabis businesses to remain open.
Details
License: OLCC Micro-Tier 2 License (2,400 Sq Ft allowed)
Business Est. 2019
Property Details:
Lot Size: 5.1 Acres
Grow Space: 1,200 Sq Ft shop (800 Sq Ft currently utilized)
Power: 200 Amps
Overhead costs ~$2k/mo
Home on the property ($950k property value): 5 BD 3.5 BA
Grandfathered in MUAL (Multi use agricultural license)
Asking Price: $175,000.00
Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.
Scott Hite, DRE LIC OR# 201218627
If you have any questions Call Elliot at (619) 770-2699
Or Email : elliot@glbgroupinc.com
National Affiliate Listings
All listings included in this section are represented by locally licensed real estate brokers where necessary. This listing is represented by a Local Broker via the Green Life Business Group National Affiliate Program.
