115 1st St, Laurel, MT 59044-3001

8,604 SF 0.25 ac lot Built 1945

Entity Owned 4-yr Hold Free & Clear

Property ID

US52-0177187

Google Maps

This exceptional opportunity involves the acquisition of a fully licensed and operational cannabis business in Laurel, Montana. The sale includes transferable licenses for a dispensary, manufacturing, and cultivation operation, currently situated in a convenient strip mall location near the I-90 interchange. The licenses encompass both medical and adult-use dispensary operations, Tier 1 cannabis manufacturing, and Tier 2 cannabis cultivation with a canopy license permitting up to 2,500 square feet across two indoor facilities. Due to a moratorium on new licenses extending to 2027, this presents a rare chance to enter or expand within the Montana cannabis market. The asking price is $499,000, with the seller open to offers. This turnkey business is ideal for established multi-state operators seeking expansion or entrepreneurs aiming to establish a presence in a thriving market. Serious inquiries only

Property type Office buildings

Use group OFFICE BUILDING

Year built 1945

Construction WOOD

Total area 8,604 SF

Lot 0.25 ac (11,021 SF)

APN 03-0821-09-3-20-20-0000

UPID US52-0177187

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

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