Tier 5 Cannabis Dispensary For Sale with Option to Purchase Real Estate (Jersey City, New Jersey) #1193

  • $1,500,000
Sold New Popular
Tier 5 Cannabis Dispensary For Sale with Option to Purchase Real Estate (Jersey City, New Jersey) #1193
  • $1,500,000

Business Description

Rare opportunity to acquire a conditional dispensary license pending approval for annual status in Jersey City, New Jersey. Situated on a high-traffic street and nearby residential apartment units, this prime location offers unparalleled visibility and accessibility. This Tier V dispensary retail license provides an opportunity to be among the first to enter the busiest areas of Jersey City, with a potential option to purchase the accompanying real estate, this is an incredible value. While the business is currently pre-revenue, the new owner has the ability to customize the space during the build-out process, tailoring it to meet their unique vision and the evolving demands of the market. Don’t miss the chance to pioneer a distinctive cannabis retail experience in Jersey City, where the intersection of high visibility, residential proximity, and untapped potential awaits your entrepreneurial spirit. Seize this opportunity to shape the future of cannabis dispensary retail in a location poised for success.


  • Space: 5,200 Sq. Ft.
  • Rent: $16,000.00/Month Commencing April 1st, 2024
  • Holding Fee: $3,000.00 March 30th, 2024 (Possibility for Additional 12 Month Holding)
  • Potential Open Date: September 1st, 2024
  • Parking: 13-14 Private Parking Spots


  • Class 5 Cannabis Retailer: Purchase recreational use cannabis from licensed cultivators, manufacturers, or wholesalers and sell those items to consumers in a retail store.
  • Conditional license: Begin building out operations for the cultivation, manufacture, dispensing, wholesale, distribution, or delivery of recreational use cannabis while working towards meeting the requirements for a cannabis cultivator, manufacturer, dispensary, wholesaler, distributor, or delivery license. 


Asking Price: $1,500,000.00 (Seller Open to Offers)

Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Green Life Business Group, Inc DRE CA LIC# 02061374

Russell Miller, NJ License #1007010

Gordon Sattro, DRE CA LIC #02136011

If you have any questions Call Gordon at 858-220-2185

Email: gordon@glbgroupinc.com

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business.

National Affiliate Listings

All listings included in this section are represented by locally licensed real estate brokers where necessary. This listing is represented by Local Broker via the Green Life Business Group National Affiliate Program

Business Details

  • Price: $1,500,000
  • Business Type: Dispensary Retail w/ Delivery, Seller Financing Available
  • Business Status: Sold
  • Location: New Jersey
  • Down Payment Required: $987,500
Green Life Business Group, Inc DRE CA LIC# 02061374
Pictures shown are for illustrative purposes only and do not represent the actual business, unless otherwise noted.

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