123 Roger Smith AveCortez, CO 81321

Property Details for 123 Roger Smith Ave

Property type

Other commercial real estate

Property subtype

Investment properties

Description

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.

Location Insight

City

Cortez

County

Montezuma

State

Colorado

Latitude

37.3504

Longitude

-108.57

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