Cannabis Cultivation Facility with
For Sale
Contact for pricing
Pending
501 S Cherry St, Denver, CO 80246
Two-story cultivation facility offered with Medical Class 2 and Recreational Tier 1 licenses for expanded plant capacity.
Property Size13,000 SF
Days on Market112
Property Features for 501 S Cherry St
General Information
Standard status
Pending
Size
13,000 SF
Property subtype
Industrial
Additional Details
Business Included
Yes
Building Details
Stories
2
Listing Agency:
Benchmark Commercial Real Estate
(559) 970-7452
Listed By:
Bart Boranian Allen · License #CO 100085689
Source:
Crexi
Added: Apr 12
Changed: Jul 20
Last Checked: Jul 30 at 4:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Benchmark Commercial Real Estate
Investment Insights
Based on property information with market context.
A cannabis cultivation property in Northeast Denver offered with Medical Class 2 (1500 plants) and Recreational Tier 1 (1800 plants) cultivation licenses, with a tier increase application pending with MED for the Recreational Tier 1 license. The facility is approximately 13,000 SF and features a two-story layout.
The asking price is $750k for the combined licenses. The landlord is also willing to sell the property separately for $2.4M. Current rent is $20,000/month, and any buyer would need to negotiate a sale or new lease directly with the landlord.
All equipment is included, though most of it is outdated. Newer HVAC has recently been installed. The offering is positioned as an operating cultivation site with licenses included, and dispensary and MIPS licenses are available separately or as a complete package.
The asking price is $750k for the combined licenses. The landlord is also willing to sell the property separately for $2.4M. Current rent is $20,000/month, and any buyer would need to negotiate a sale or new lease directly with the landlord.
All equipment is included, though most of it is outdated. Newer HVAC has recently been installed. The offering is positioned as an operating cultivation site with licenses included, and dispensary and MIPS licenses are available separately or as a complete package.
Key Highlights
- Northeast Denver two‑story cultivation facility (~13,000 SF) offered with Medical Class 2 and Recreational Tier 1 licenses
- Medical Class 2 license includes 1,500 plants (asking $750k)
- Recreational Tier 1 license includes 1,800 plants; tier increase application with MED is pending
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
4,044
Businesses Nearby
Explore this area
Business Placement
Demographics for 80246, CO
13,265
Population
8,148
Households
1.6
Avg Household Size
32
Median Age
59%
College-Educated
96%
High-School Grad
1.7 sq mi
ZIP Area
7,803
Density / Sq Mi
$66,503
Median Household Income
$47,870
Median Earnings
$1,661
Median Rent
$659,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Cannabis property - Two-story cultivation facility offered with Medical Class 2 and Recreational Tier 1 licenses for expanded plant capacity.
Where is this cannabis property located?
The property is located at 501 S Cherry St Denver, CO.
What are key features of this property?
This property features: Northeast Denver two‑story cultivation facility (~13,000 SF) offered with Medical Class 2 and Recreational Tier 1 licenses; Medical Class 2 license includes 1,500 plants (asking $750k); Recreational Tier 1 license includes 1,800 plants; tier increase application with MED is pending
