123 Roger Smith AveCortez, CO 81321

For Sale
$749,000

Profitable dispensary & cultivation; $2.1M revenue.

Overview

Added:
Dec 11, 2024
Days on market:
91
Exceptional opportunity to acquire a thriving cannabis business located in Cortez, Colorado. This turnkey operation boasts impressive financials, generating $2.1 million in gross revenue in 2023. The property encompasses three buildings totaling 20,000 square feet on a 6.7-acre parcel. Building 1 features 1,000 square feet of retail space and 8,820 square feet dedicated to cultivation and processing. Building 2 provides an additional 6,580 square feet of cultivation space. The facility is equipped with state-of-the-art infrastructure, including new LED lighting, new HVAC systems, and automated watering and feeding systems. The business includes a Tier II cultivation license (1,800-3,600 plants) allowing for the growth and harvest of marijuana for sale to manufacturers and dispensaries, and a retail marijuana store license permitting the sale of various cannabis products to individuals 21 years and older, including delivery options. The asking price for this established business is $749,000, with seller financing available. The real estate is also available for purchase separately at $2 million. This presents a unique opportunity to acquire a profitable, established business with significant growth potential in a rapidly expanding market. A non-disclosure agreement and proof of financials are required before further details are released.

Highlights

  • Fully operational cannabis dispensary and cultivation business for sale for $749,000.
  • Building 1: 9,820 square feet total, with 1,000 square feet of retail space and 8,820 square feet of cultivation area.
  • Building 2: 6,580 square feet of cultivation area.
  • Three buildings totaling 20,000 square feet on a 6.7-acre lot.
  • Includes new LED lighting, HVAC systems, and automated irrigation systems.
  • Option to purchase the real estate for $2,000,000.

Location Insight

City
Cortez
County
Montezuma
State
Colorado
Latitude
37.3503905
Longitude
-108.5695998
123 Roger Smith Ave, Cortez, Colorado

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
123 Roger Smith Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message