266 E Pagosa Street Dispensary & 765 Industrial Circle (grow Fa

Pagosa Springs, CO 81147

About this property

RARE OPPORTUNITY to enter the marijuana business, with a 18% return, right here in Southwest Colorado. The purchase price will include the businesses of the marijuana dispensary and indoor cultivation center (including licensing), plus the real estate of both locations! Imagine spending your days out with views of the San Juan Mountains, or bordering the San Juan River. Its possible, as this opportunity consists of a total of 1.4 acres between the 2 propertiesOne downtown and one just off Piedra road. The dispensary, located on the east side of downtown Pagosa Springs, on Main Street, boasts over half an acre backing up to the San Juan river allowing for significant expansion. There is so much room for growth, that you can construct and develop additional structures without interrupting your retail business operations. The current structure, on this lot, totals 437 sq feet. Dont let its size fool you, though small, this location pulls in a significant amount of business. With a great location to downtown, this is an easy stop for those coming in and out of town heading toward Wolf Creek Pass or down Highway 84. The cultivation center, located on .86 acres, is located out by the airport and holds a tier 1 license for 1800 plants. An application can be submitted to further this level if a need is shown; however, this cultivation center provides 100% of their bud and bud-based products. Archuleta County does require that 70% must come from within the county, so this combined opportunity is a great way to stay efficient. The current metal building structure built in 2016 has two floors, with three grow rooms, a drying room, and various work areas / offices. The building has an advanced security system with over 40 HD and infrared cameras. Current grower is able to yield about 2.5 lbs per light. Purchase will include inventory and fixtures including over 80 grow lights (HPS, MH, and LEDs), integrated nutrient tanks, CO2 air feed, industrial air conditions, etc. The electric system boasts an 800 amp, 480 volt phase 3 meter panel and wiring system. The existing building and parking take up less than a third of the lot allowing for additional buildings or greenhouses. Please call for further specifics and inventory. This is an amazing opportunity to own your own business and real estate, in the beautiful San Juan mountains, while making a 18% return.

Date Added
August 4, 2020
Listing Status
Active
Days On Site
51
MLS#
772958

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
Commercial
Style
Mixed Use
Sub-Type
Resale
Year
2016
Garage
0
Pool
No
Story(s)
2
Property View
No
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$4,000,000 Active
0 Beds
0 Full Baths
4,797 SQFT

Presented By Coldwell Banker Distinctive Properties, Bozeman

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Get in touch today! Phone: (406) 587-7653
Brokerage
Bozeman
(406) 587-7653
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Area Information

PS01 (Old Pagosa Springs) | Archuleta County |

$ 4,000,000
This listing is play_arrow 1900.5% higher than the average in the area
$ 199,950 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
51 days on site
This listing is play_arrow 67.8% below the average in the area
159 days on site in the area

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