For Sale
$5,500,000

26390 Carmel Rancho Ln Carmel-by-the-Sea, CA 93923

Prime Retail, Turnkey Operation

Overview

Added:
Dec 11, 2024
Days on market:
138
Exceptional opportunity to acquire a thriving, turnkey cannabis storefront in Carmel-by-the-Sea, CA. This 4,131 square foot retail space, situated on a 3,489 square foot lot (APN 015-012-058), boasts a prime location at 26390 Carmel Rancho Ln, 93923. The property, originally built in 1979, underwent extensive renovations in 1997 and a complete rebuild in 2020, ensuring modern functionality and aesthetics. The asking price of $5,500,000 includes the land, building, fixtures, furniture, equipment (FF&E), inventory, and a highly valuable cannabis license—one of only two in Carmel. This represents a rare chance to own a fully operational, established business in a highly desirable location. Detailed financial statements are available upon the execution of a non-disclosure agreement. The property is zoned LC-D-S. The price per square foot is $1,331.40. This is a truly unique investment opportunity combining real estate, a successful business, and a coveted license.

Highlights

  • Rare opportunity to acquire a retail property, established business, and cannabis license.
  • One of only two cannabis licenses in Carmel, CA.
  • 4,131 SF storefront completely renovated in 2020 (previously renovated in 1997).
  • $5,500,000 purchase price includes land, building, fixtures, furniture, equipment (FF&E), inventory, and cannabis license.
  • Detailed financial statements available upon signing a Non-Disclosure Agreement (NDA).

Property Details for 26390 Carmel Rancho Ln

Property type
Retail properties, Retail space
Square Feet
4,131 SF
Year Built
1979

Location Insight

City
Carmel-by-the-Sea
County
Monterey
State
California
Latitude
36.540348642064
Longitude
-121.90697818512

FAQs

What type of property is this?
Retail property - Prime Retail, Turnkey Operation
Where is the retail property located?
The property is located at 26390 Carmel Rancho Ln Carmel-by-the-Sea, CA.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Rare opportunity to acquire a retail property, established business, and cannabis license.; One of only two cannabis licenses in Carmel, CA.; 4,131 SF storefront completely renovated in 2020 (previously renovated in 1997).
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 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 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].
26390 Carmel Rancho Ln
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