Business Description
Don’t miss this rare fire sale opportunity to acquire a nearly completed cannabis manufacturing facility in Somerset, New Jersey. The 9,000 SF facility is approximately 95% built out and includes three production rooms, a dedicated pre-roll room, a CRC-compliant vault, 800-amp power service, access control, surveillance cameras, and a professionally installed $50,000 security system. The only remaining major improvement is epoxy flooring, making this an ideal opportunity for an operator looking to complete the final phase of construction and begin operations.
The property currently holds local approval but does not yet have a state cannabis license, providing buyers with the opportunity to continue the licensing process. The upper level offers approximately 4,500 SF of office space, which can also be repurposed for cultivation or manufacturing support, creating additional operational flexibility. The seller has invested approximately $500,000 into the project and is highly motivated to sell, making this an outstanding value-add opportunity.
The facility is leased at $19,000 per month, with a $20,000 security deposit already in place. The landlord is willing to negotiate a new lease with the buyer, and the seller is accepting best offers as they are looking for a timely sale. Qualified buyers are encouraged to inquire promptly, as this opportunity is competitively priced for a quick transaction.
Details:
- FIRE SALE MUST SELL
- Facility Size: Approximately 9,000 SF
- Lower Level: Approximately 2,500 SF Production Space
- Upper Level: Approximately 4,500 SF Office/Flexible Use Space
- Approximately 95% Buildout Complete (First Floor)
- Three (3) Production Rooms
- Dedicated Pre-Roll Production Room
- CRC-Compliant Vault
- 800 Amp Power Service
- Professionally Installed Security System (Approx. $50,000 Value)
- Access Control System Installed
- Security Camera System Installed
- Epoxy Flooring Remaining to Complete Buildout
- Approximately $500,000 Invested into Facility Improvements
- Currently Holds Local Cannabis Approval (State License Not Yet Obtained)
- Lease Rate: $19,000/Month
- $20,000 Security Deposit Already in Place
- Landlord Willing to Negotiate a New Lease with Buyer
Asking Price: $249,000.00
Must sign an NDA/Waiver 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
Drew Mathews, DRE CA LIC# 02091143
Elliot Cardenas, DRE CA LIC# 02138336
If you have any questions Call Drew (619) 653-0483 or Elliot (619)-770-2699
Email: ceo@glbgroupinc.com or elliot@glbgroupinc.com
Green Life Business Group® Inc. we are here to both help you sell or buy a cannabis business opportunity.
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
Disclaimer: The content of this listing is based solely on information provided by the seller to Green Life Business Group®, Inc. Green Life Business Group®, Inc has not independently verified or confirmed the accuracy, completeness, or reliability of any such information and makes no representation or warranty, express or implied, regarding it. Any party relying on the description or other listing information should conduct its own independent due diligence and verification.
Business Details
- Price $249,000
- Business Type Manufacturing, Seller Financing Available
- Business Status In Escrow
- Location New Jersey
