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    266 E Pagosa Street , Dispensary & 76

    Pagosa Springs, CO 81147
    • $4,000,000
    • STATUS: Active
    • ON SITE: 81 days
    • MLS #: 772958
    UPDATED: 56 min ago
    $4,000,000
    • 0
      BEDS
    • 1.39
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 4,797
      SQFT
    • $834
      $/SQFT
    Type:
    Commercial
    Built:
    2016
    County:

    School Ratings & Info

    Listing courtesy of Exit Realty Home & Ranch.


    Description

    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.

    Monthly Payment Calculator

    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2020. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
    FULL CREN Disclaimer

    Real Estate listings held by companies other than The Dawn Howe Group | Keller Williams Realty contain that company’s name.
    Fair Housing Disclaimer

    This data was last updated: 2020-10-25T17:56:26.523.
    www.crestedbutteliving.com/homes/108535877
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    266 E Pagosa Street , Dispensary & 76 Pagosa Springs, CO 81147

    • Price: $4,000,000
    • Status: Active
    • Updated: 56 min ago
    • MLS #: 772958
    0
    Beds
    2
    Baths
    0
    ½ Baths
    1.39
    Acres
    4,797
    SQFT
    $834
    $/SQFT
    2016
    Built
    Neighborhood:
    Ps01 (Old Pagosa Springs)
    County:
    Archuleta
    Area:
    Ps01 (Old Pagosa Springs)
    Property Description
    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.
    Exterior Features

    Acreage Range 1-1.99 Carport No Lot Dimension 115 X 208 X 114 X 197 Parking 20 + Total Spaces Property Description Adjacent To Open SpaceBorders Public LandLandscaped Roof Metal Stories 2 Water Public Water Well No Waterfront PondRiver/Stream Waterfront YN Yes

    Interior Features

    Cooling Type Central A/CForced Air Finished Sq Ft 437 Flooring Concrete Foundation Slab Furn Fixt Equip List Provided Upon Request Heating Fuel Source ElectricNatural Gas Heating System Forced Air Lighting High Pressure SodiumMetal Halide One Quarter Baths 0 Total Offices 0 Warehouse Sq Ft 4260

    Property Features

    Books Available Yes Cam No Cap Rate Percent 18 Covenants Yes Current Use IndustrialManufacturingOtherRetail StorefrontSpecial Use Exchange Trade No Existing Utilities ElectricInternetNatural GasPhoneWater Fixtures Included Yes Inventory Included Yes Lease Included No New Construction YN No Owners Association No Possible Property Use AgriculturalMixed-UseWarehouse Railroad Siding Spur No Real Estate For Sale Yes Reo Lender Owned No Tax Year 2019 Total Taxes 5004.92 Type Retail Variable Rate Yes Water Rights No Zoning Type CommercialIndustrialOther

    The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2020. All rights reserved. All data deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
    FULL CREN Disclaimer

    Real Estate listings held by companies other than The Dawn Howe Group | Keller Williams Realty contain that company’s name.
    Fair Housing Disclaimer

    This data was last updated: 2020-10-25T17:56:26.523.
     
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    The Dawn Howe Group | Keller Williams Realty
    PO Box 2142
    Crested Butte CO, 81224
    Listing courtesy of Exit Realty Home & Ranch.