0 Exclusive Opportunity For A Jersey City Dispensary LicenseJersey City, NJ 07302

Exceptional investment opportunity: acquire a turnkey retail cannabis dispensary license in Jersey City, NJ. This 3,900 square foot space is ideally situated for high visibility and customer traffic near the intersection of Routes 1, 9, and 40. The property boasts a current monthly lease rate of $5,000, escalating to $15,000 upon obtaining a Certificate of Occupancy (COO). The asking price for the license is $495,000. Importantly, this opportunity is exempt from the current city moratorium, having already secured zoning approval and conditional approval from the New Jersey Cannabis Regulatory Commission (CRC). The seller is currently finalizing construction plans for tenant improvements, ensuring a smooth transition for the new owner. The application for a local resolution of support from the City Council is eligible for further consideration, paving the way for a fully operational dispensary. This presents a rare chance to enter the burgeoning New Jersey cannabis market in a prime location with significant growth potential. The property is located in Hudson County, NJ, zip code 07302.