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PRIME Location Somerville, MA next to Assembly Row

368 Mystic Ave, Somerville, MA 02145, USA
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  • Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale
  • Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale
  • Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale
  • Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale
  • Cannabis Businesses For Sale | Cannabis Retail Stores & Dispensaries For Sale
  • PRIME Location Somerville, MA next to Assembly Row
  • PRIME Location Somerville, MA next to Assembly Row
  • PRIME Location Somerville, MA next to Assembly Row

Listing ID : 885646

Listed On February 25, 2025 View Count 134

Listing Updated February 26, 2025

Price :
$750,000
Business Overview :
Growth and Expansion Opportunities:
North Grafton, MA, retail and product manufacturing turnkey facilities are also available for purchase. Businesses can also act as partner operations.
License Details :
License Status:
Active – Current
License Type:
Recreational/ Adult Use
License Activities:
Retail / Dispensary
Business Location Details :
Business Location:
Leased
Rent:
$9,000
Facility & Tenant Improvements:
Paying $4k while in construction. $9k includes NNN.
Number of Parking Spaces:
17
Size:
1,250 Sq. Ft.
Terms :
Company Overview :
Description :

Simplicity Dispensary will be located on one of the busiest streets in Somerville Massachusetts. The dispensary is located on Mystic ave, in the Assembly Row district. This location sees roughly 15,000 cars each day. 

High Traffic Area:

Assembly Row attracts thousands of daily visitors, and 6-8 million annually with its mix of shopping, dining, entertainment, and residential spaces. With numerous stores, a movie theater, and high-end restaurants, Assembly Row is consistently bustling with both locals and tourists. 

Somerville, MA known to have 19,756 people/sq mile – one o the highest population densities in the U.S.

Total Population: Approximately 81,000 residents.

Target Demographic: With 19,756 people per square mile in Somerville, and a median age of 33, the dispensary will be ideally positioned to attract a significant portion of the local working-age demographic.

 

Construction: 3/4 of the way complete, in the finishing stages. Install security cameras, paint. 

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