Listing ID : 2461915
Broker ID : 2012
Listed On April 24, 2026 25
Listing Updated April 29, 2026
Located at 1210 Olive St, Ramona, CA 92065, this cannabis-approved retail property sits within one of the most desirable Green Zones in the region, offering a rare opportunity to acquire a fully compliant site with strong underlying fundamentals and long-term upside. The property features an approximately 1,500 to 2,070 SF retail building on a substantial 2.5 acre parcel, providing both immediate operational capability and future expansion potential. The site has undergone significant improvements, including a functional retail layout, security infrastructure, and buildout tailored for cannabis use, positioning it as a turnkey asset for an operator or investor. The property is also zoned for Cultivation, Manufacturing & Distribution, the new owner would have to start that process from scratch.
There are currently, only 5 existing cannabis facilities are allowed to operate within the unincorporated area. This is 1 of the 5, thefore the new owner could apply for a new license under this pre-approved facility. The previous tenant has shut down operations and the property has since reverted back to ownership. The current owners have taken full possession and are no longer interested in leasing to cannabis tenants. Their position is clear, they want to sell the property outright and move on. This creates a unique opportunity for a buyer to step into a proven cannabis retail location without dealing with ongoing landlord negotiations or lease uncertainty.
From a regulatory standpoint, this property offers a streamlined path forward. The site is already zoned for cannabis retail and previously operated with an approved retail use, which can significantly simplify the process for a new owner to apply for and obtain a new license. In many cases, securing compliant real estate is the most difficult part of entering the cannabis space, and this property removes that barrier.
San Diego County remains one of the most in demand and supply-constrained markets for cannabis retailers in California, making properly zoned assets increasingly valuable. In addition to the licensing advantage, the inclusion of the real estate as a hard asset provides long-term security, intrinsic value, and optionality that lease-based opportunities simply cannot offer.
Historically, the asset was appraised at approximately $2.3 million, reinforcing its prior highest and best use. With limited Green Zone inventory in Ramona, favorable zoning, and a motivated seller seeking a clean exit, this property represents a compelling opportunity for investors, operators, or owner-users looking to establish or expand their footprint in Southern California’s cannabis market. Serious inquiries only.
Details:
Acres: 2.5
Space: 1,500-2,070 SqFt Retail Building
Previously Appraised At: $2.3M
Business Currently Not Operational
New Owner will Have to Apply for New License
Permits Cannabis Retail-Dispensary Use
Zoned For Cultivation, Manufacturing & Distribution
License is Issued By the County of San Diego
Currently, Only 5 Cannabis Facilities are Allowed This is 1 of the 5
Asking Price: $2,400,000.00 (Seller Open To Offers)
Must sign an NDA/Waiver and provide Proof of Financials before any other detailed information is released, along with the company’s location. This listing is Fully Exclusive only by Green Life Business Group®, Inc.
Green Life Business Group®, Inc DRE CA LIC# 02061374
Eric Espinoza, DRE LIC CA #02077927
If you have any questions Call Eric at (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.
Disclaimer: The content of this listing is based solely on information provided by the seller to Green Life Business Group®, Inc. Green Life Business Group®, Inc has not independently verified or confirmed the accuracy, completeness, or reliability of any such information and makes no representation or warranty, express or implied, regarding it. Any party relying on the description or other listing information should conduct its own independent due diligence and verification.
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