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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

210 Chestnut St Roselle, NJ 07203

Property ID
Property summary
AI-generated overview

Exceptional opportunity to acquire a Class 5 Cannabis Retail License (#1528) in Roselle, Union County, New Jersey. This license permits the purchase of cannabis and related products from licensed cultivators, manufacturers, and wholesalers for resale to consumers in a retail setting. The license is transferable, offering flexibility in location selection. The New Jersey adult-use cannabis market shows significant growth potential, projected to reach $2 billion by 2026, making this a strategic investment for established multi-state operators or entrepreneurs seeking entry into this burgeoning market. The asking price is $599,000, with the seller open to offers. This is a conditional license, allowing for the commencement of operational development while fulfilling the requirements for a full cannabis retailer license. A non-disclosure agreement and proof of financial capacity are required before further details, including the precise location at 210 Chestnut St, Roselle, NJ 07203, are disclosed. This presents a compelling investment prospect within a rapidly expanding market.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Roselle Tax Assessor City Tax Office
  • Roselle Borough Hall City Government Office
  • Roselle Police Headquarters Police Department
  • Roselle Police-Detective Bur Police Department
  • Union County Office County Government Office
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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