FIRE SALE Cannabis Dispensary Retail Opportunity with Approved Dispensary Storefront & Host Community Agreement For Sale (Cambridge, Massachusetts) #1250

  • $2,990,000

Business Description

RARE opportunity to acquire a green-zoned Cambridge, Massachusetts property. The license sits on a 5,748 sq ft two story building with 11 parking spaces (almost unheard of in Cambridge.) The building is ideal for a flagship retail location, located along the “golden mile” of Massachusetts Avenue between Porter Square and Harvard Square. This is an excellent opportunity for someone looking to establish themselves or expand their retail footprint in the densely populated and affluent community of Cambridge. The building is located just steps from Harvard and Lesley Universities,  allowing for a large flow of foot traffic. The business is not operational, and the new owner would have to continue the licensing and build-out. The sale includes Provisional Marijuana License, a Host Community Agreement for Retail, architectural and engineering construction drawings (CD’s) for the build out along with a long term lease in place.

Details: 

  • Rent: $19,639.00 NNN
  • Lease: 10 years with four 5-year extensions 
  • Space: 5,748 SqFt
  • Ground Floor: 3,624 SqFt 
  • Basement:  2,124 SqFt
  • Parking Spaces: 11 

Licenses:

  • Retail Marijuana Store License allows the holder to operate a business that sells Retail Marijuana to an individual twenty-one years of age or older.

 

Asking Price: $2,990,000.00 (Seller Financing Available)

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

Jeff Similien, MA License #CN200323

Andrew Mathews, DRE LIC CA# 02091143

If you have any questions Call Drew (619) 653-0483 

Email: ceo@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.

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

Business Details

  • Price: $2,990,000
  • Business Type: Dispensary Retail w/ Delivery, Seller Financing Available
  • Business Status: For Sale
  • Location: Massachusetts
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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Drew Mathews, CEO
  • Drew Mathews, CEO