Cannabis Dispensary
For Sale
Contact for pricing
1607 5th St, Crescent City, CA 95531
For-sale cannabis dispensary acquisition opportunity in California at 1607 5th St, Crescent City.
Property SizeContact for details
Days on Market122
Property Features for 1607 5th St
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Ascension
Listed By:
Mitchell Lyubarsky · License #02148084
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 1:19AM
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 Ascension
Investment Insights
Based on property information with market context.
This offering is presented as a cannabis dispensary acquisition opportunity in California. Public remarks highlight an active acquisition environment driven by cannabis M&A performance in 2021, with expectations that 2022 would outpace prior results. The remarks also describe ongoing consolidation as flower price dynamics in 2021 pushed smaller operators toward larger organizations.
The seller notes that the supply-chain need, including point of sale, has created demand for quality dispensary locations from both existing in-state operators and large out-of-state operators seeking market presence in California. The remarks further state that the dispensary market has stabilized, with a consistent pricing model for single-unit acquisitions described as one (1) to one point five (1.5) times annual gross sales, with exceptions that may be based on beneficial factors such as revenue growth potential, delivery expansion, consumption lounge potential, or location and real estate quality.
The property is located at 1607 5th St, Crescent City, CA 95531. No additional building or site specifics were provided in the source information.
The seller notes that the supply-chain need, including point of sale, has created demand for quality dispensary locations from both existing in-state operators and large out-of-state operators seeking market presence in California. The remarks further state that the dispensary market has stabilized, with a consistent pricing model for single-unit acquisitions described as one (1) to one point five (1.5) times annual gross sales, with exceptions that may be based on beneficial factors such as revenue growth potential, delivery expansion, consumption lounge potential, or location and real estate quality.
The property is located at 1607 5th St, Crescent City, CA 95531. No additional building or site specifics were provided in the source information.
Key Highlights
- Cannabis dispensary acquisition opportunity in California at 1607 5th St, Crescent City
- 2021 cannabis M&A activity in California reached the highest level on record (per provided remarks)
- Provided pricing model for single‑unit acquisitions is 1.0x to 1.5x annual gross sales
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
730
Businesses Nearby
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Business Placement
Demographics for 95531, CA
23,223
Population
8,708
Households
2.7
Avg Household Size
39
Median Age
23%
College-Educated
85%
High-School Grad
189.4 sq mi
ZIP Area
123
Density / Sq Mi
$66,817
Median Household Income
$38,355
Median Earnings
$1,202
Median Rent
$323,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Cannabis property - For-sale cannabis dispensary acquisition opportunity in California at 1607 5th St, Crescent City.
Where is this cannabis property located?
The property is located at 1607 5th St Crescent City, CA.
What are key features of this property?
This property features: Cannabis dispensary acquisition opportunity in California at 1607 5th St, Crescent City; 2021 cannabis M&A activity in California reached the highest level on record (per provided remarks); Provided pricing model for single‑unit acquisitions is 1.0x to 1.5x annual gross sales
