San Bernardino County MicroBusiness Retail, Cultivation, Distribution & Real Estate For Sale

CannaMLS ID: 5650
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Price: $3,000,000


Listing Details


Listing Category
Distribution
Dispensary
Home Delivery

License Status
Municipal / local license granted


Price: $3,000,000

Listing Status: For Sale

Unique opportunity in San Bernardino County for a MicroBusiness Retail, Cultivation & Distribution business with an option to purchase the Real Estate. Currently the owner has local approvals only, and the new owner would have to continue the construction and build out in order to obtain the state licenses and become operational.

Details: 

Space: 12k SqFt

Rent: $3/SqFt

Lease: LL Open to a long term lease with the new owner

MicroBusiness: Retail, Cultivation & Distribution

Real Estate: $3.2M In Addition to the asking price of the licenses

Licenses:  

Retail Storefront- Facility where medical cannabis, medical cannabis products, or devices for the use of medical cannabis or medical cannabis products are offered, either individually or in any combination, for retail sale, including an establishment that delivers, pursuant to express authorization by local ordinance, medical cannabis and medical cannabis products as part of a retail sale.

Retailer Non-Storefront License- Sells and delivers cannabis goods to customers. A Retailer (Non-Storefront) must have a licensed premises, but it is not open to the public.

Distribution- Distribution of medical cannabis and medical cannabis products from manufacturer to dispensary. A Type 11 licensee shall hold a Type 12, or transporter, license and register each location where product is stored for the purposes of distribution. A Type 11 licensee shall not hold a license in a cultivation, manufacturing, dispensing, or testing license category and shall not own, or have an ownership interest in, a facility licensed in those categories other than a security interest, lien, or encumbrance on property that is used by a licensee. A Type 11 licensee shall be bonded and insured at a minimum level established by the licensing authority.

There are 2 Options to Move Forward: 

Asking Price: $3M For the Licenses, Pre Buildout, As Is w/ a Lease (Real Estate could be purchased for an additional $3.2M of the Asking Price)

Asking Price: $6M For a Fully Built Out & Licensed Store (The seller will continue the buildout and licensing but will want a premium for his efforts and time) w/ a Lease (Real Estate could be purchased for an additional $3.2M of the Asking Price)

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Green Life Business Group, Inc DRE CA LIC# 02061374

Eric Espinoza, DRE CA LIC# 02077927

If you have any questions call Eric 858-245-6324

Email: eespinoza@glbgroupinc.com


Listing Details

Listing Status
For Sale

Location
San Bernardino, California 92346

Date Listed For Sale:
10/7/2021

Date Last Updated:
10/7/2021

Property Details

Pricing Details

Listing Price
$3,000,000

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