Cannabis Retail Storefront &
For Sale
Contact for pricing
Pending
889 Abrego St, Monterey, CA 93940
Fully operational cannabis storefront and delivery business with no current debt in Monterey County.
Property Size5,100 SF
Days on Market142
Property Features for 889 Abrego St
General Information
Standard status
Pending
Size
5,100 SF
Property subtype
Retail, Business for Sale
Additional Details
Business Included
Yes
Listing Agency:
Green Life Business Group
Listed By:
Elliot Cardenas · License #DRE LIC CA# 02138336
Source:
Crexi
Added: Apr 11
Changed: Aug 16
Last Checked: Aug 29 at 4:07PM
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 Green Life Business Group
Investment Insights
Based on property information with market context.
This offering includes a profitable cannabis retail storefront and delivery business that is fully operational and reported to have no current debt. The business operates from a dedicated facility and includes a delivery component; however, the delivery license is currently described as not enforced. For an operator seeking to expand operations within the Monterey County market, the seller highlights potential for increased delivery activity tied to the existing delivery license status.
The business is located in Monterey County and is positioned between three major limited-license markets: Monterey, Salinas, and Watsonville, with populations stated as 427,325 for Monterey, 162,791 for Salinas, and 52,067 for Watsonville. The public remarks also reference California’s “Provisional” temporary license program, noting it was scheduled to sunset June 30, 2022, with legal operation tied to completing the process for a full “Annual” license or acquiring an existing state provisional license.
The business is located in Monterey County and is positioned between three major limited-license markets: Monterey, Salinas, and Watsonville, with populations stated as 427,325 for Monterey, 162,791 for Salinas, and 52,067 for Watsonville. The public remarks also reference California’s “Provisional” temporary license program, noting it was scheduled to sunset June 30, 2022, with legal operation tied to completing the process for a full “Annual” license or acquiring an existing state provisional license.
Key Highlights
- Fully operational cannabis retail storefront and delivery business in Monterey County.
- Business operates from a 5,100 sq ft facility.
- No current debt reported for the business.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,977
Businesses Nearby
172k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Shops & Services 27%
Groceries 17%
Hotels & Casinos 3%
McDonald's
Dining
38,445 visits/mo
0.5 miles
Trader Joe's
Groceries
29,588 visits/mo
0.3 miles
Peet's Coffee & Tea
Dining
15,333 visits/mo
0.3 miles
Jack in the Box
Dining
12,044 visits/mo
0.1 miles
Chevron
Shops & Services
10,434 visits/mo
0.2 miles
Demographics for 93940, CA
30,454
Population
15,451
Households
2
Avg Household Size
43
Median Age
54%
College-Educated
94%
High-School Grad
35.1 sq mi
ZIP Area
868
Density / Sq Mi
$110,669
Median Household Income
$62,711
Median Earnings
$2,305
Median Rent
$1,039,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Cannabis property - Fully operational cannabis storefront and delivery business with no current debt in Monterey County.
Where is this cannabis property located?
The property is located at 889 Abrego St Monterey, CA.
What are key features of this property?
This property features: Fully operational cannabis retail storefront and delivery business in Monterey County.; Business operates from a 5,100 sq ft facility.; No current debt reported for the business.
