Premier opportunity to acquire a fully operational cannabis indoor cultivation business located in Oakland, California. This state-of-the-art facility is situated in a highly secure and desirable area of Oakland, ensuring the utmost safety and operational stability. The electric bill is also divided amongst the tenants translating into a reduced electric bill. This business comes with both local and state approvals, significantly enhancing its market value and operational readiness.

The current owners have invested $1.5 million in securing licenses, constructing the facility, and other essential expenses, making this a turnkey opportunity for seamless transition and operation. The cultivation license permits a 5,000 SqFt canopy. Currently, the unit is 3,500 SqFt built out and operational, equipped with 68 flower lights. There is potential to expand the canopy by an additional 40 lights, by acquiring a neighboring unit. 

This facility is ready for immediate operation, offering a smooth and efficient start for the new owner. All necessary infrastructure, systems, and compliance measures are in place, ensuring a hassle-free takeover. Seize this chance to expand your canopy in the Bay Area today! 

Details:

Space: 3500 SqFt is Built (Could Expand 40 Lights & Acquire Neighboring Unit) 
Rent: $13k/Month Includes CAM
Lights: 68 Flower Lights (Could Add 40 Lights)
Power: 600 AMPs 
Ceiling Height: 12ft 
Single Stack 
Parking: Plenty 
Capital Invested: $1.5M
State License: Provisional
 

License: 

Cultivation – Specialty Indoor: 501 to 5,000 square feet of canopy
 

Asking Price: $550,000.00 (Sellers Open to Offers, w/ $275k Down)

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: broker@glbgroupinc.com

Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.