505 Buena Vista Ave Corona, CA 92882
This thriving cannabis microbusiness, established in April 2024, is offered for sale at $399,000. Located in Corona, CA, this turnkey operation boasts a 3,800 square foot facility with a 5-year lease (plus a 5-year renewal option) at a monthly rent of $4,500. The business includes a comprehensive Level 1 manufacturer license (Type 6), allowing for non-volatile solvent extraction, mechanical extraction, infusion, packaging, and labeling of cannabis products. It also operates as a non-storefront retailer, conducting sales exclusively through delivery services, and a distributor, facilitating the movement of cannabis products between various licensees and providing storage services. The secure facility features a robust security system, cameras, and a manual roll-up door. Five parking spaces are available on-site, with additional street parking. This unique opportunity encompasses three distinct license types under one roof, creating multiple revenue streams. The business has no outstanding debts or liabilities. Serious inquiries only; proof of financials and a signed NDA/Waiver are required before further details are disclosed.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.