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San Luis Obispo Cannabis Industry Report

$8,000,000
SC22112257 MLS Active Status
Extremely rare opportunity to own a fully entitled turnkey Retail Cannabis Location. 2640 Broad was designed and constructed as the premier Cannabis Dispensary in San Luis Obispo California. Completely remodeled down to the studs, Construction was completed in January of 2021 on this state of the art Retail Facility. Upon entering the properties parking lot there are ample parking spaces to include 20 regular parking spots, two ADA parking space and two electric vehicle charging stations. The side of the building boast a custom painted mural painted by Marmalade Mural Company visible from Broad Street. Once Inside the building there is a front greeting area and waiting room. Inside the man retail space there is a well thought out and designed center island offering multiple flex use spaces around the main retail square, as well as a climate controlled clone room , and customer lounge area. A well appointed General Manager’s office with large glass walls and doors and adjacent conference room is located in the back off house in the building. Directly across form the manager’s office is an employee break room, floor managers office and IT room. Past the manager’s office is a custom designed and climate controlled vault to house all back stock inventory that was constructed per city and state requirements meeting rigorous security standards. Adjacent to the vault is a loading bay with removable parking bollards, a large roll up door to accommodate all size delivery vehicles, exhaust extraction system, and climate control. The property was design as a net zero project boasting low energy consumption high efficiency appliances, solar power, and Electric Vehicle car charging stations. Included in the sale is another structure 2600 Broad which is adjacent to 2640. This building has not been renovated and could be used for a variety of retail uses as well as cannabis uses and is poised to be built out custom for a new tenant or business. This spectacular property is truly a rare opportunity with very limited zoning for this use. Don’t miss the opportunity to own a very rare piece of real estate!

2640 Broad Street, San Luis Obispo

Listing courtesy of Listing Agent: Aaron Young (aaron.young@compass.com) from Listing Office: Compass.

$2,550,000
NS22060068 MLS Active Status
Property: This 106+ acre AG zoned ranch can be fully self-contained as it has solar in place, it's own producing well and septic (but also has full power connected by PG&E). Well last tested at 10 gpm with great recovery and depth (well pump is independently solar powered). Pristine California ranch land for cattle, horses, farming or just a good size property to get away from the city. Business: The property and associated cannabis business (included) has been approved by the state and county for a 10000sf mixed-light grow and includes the buildings for that purpose which need to be built and county permitted. The county has also approved the property for another 12000sf of mixed light and 3 acres of outdoor cultivation, plus nursery, processing, manufacturing and transportation of cannabis. The site plans include one acre of outdoor cultivation; 22,000 square feet of indoor cannabis cultivation within three new greenhouses of 10,080 square feet each; a 7,150-square-foot microbusiness building with 1750 square feet allocated to cannabis processing, 600 square feet allocated to a nursery, 600 square feet allocated to non-volatile cannabis manufacturing; and the remainder of the space to be used for an office, restrooms, storage of equipment and cannabis waste storage. The site plans also include installation of four 10,000 gallon water storage tanks for irrigation use and fire suppression and installation of a 100 square foot water pump house. The project would use an existing well for water supply. The plans for security and odor management are robust and included in the purchase. Home and Barn: The property has a nearly 1500sf home and over 2000sf barn built with the environment in mind using hay bail construction which makes both structures not only conforming to the landscape but functional to the temperate weather. The home has 1 bed and 1/2 bath upstairs and 1 bed and full bath downstairs. The open concept kitchen and living area boasts upgraded appliances, custom concrete countertops and flooring and wood accents and stairs made from reclaimed wood from Cal Poly gymnasium bleachers. This is an amazing, tranquil and beautifully placed property in the highlands of SLO county. Location: The ranch is located approximately 40 minutes off the 5 Freeway and 90 minutes off Highway 101, in a remote but accessible location, ideal for cultivation and transport of cannabis. Property is fully fenced and easily accessed just off Hwy 58.

7575 Carrisa, Santa Margarita

Listing courtesy of Listing Agent: Ted Gillan (tedgillan@yahoo.com) from Listing Office: SLO Ranch And Sea Realty.

$2,550,000
2 Beds 2 Baths NS22055552 MLS Active Status
Property: This 106+ acre AG zoned ranch can be fully self-contained as it has solar in place, it's own producing well and septic (but also has full power connected by PG&E). Well last tested at 10 gpm with great recovery and depth (well pump is independently solar powered). Pristine California ranch land for cattle, horses, farming or just a good size property to get away from the city. Home and Barn: The property has a nearly 1500sf home and over 2000sf barn built with the environment in mind using hay bail construction which makes both structures not only conforming to the landscape but functional to the temperate weather. The home has 1 bed and 1/2 bath upstairs and 1 bed and full bath downstairs. The open concept kitchen and living area boasts upgraded appliances, custom concrete countertops and flooring and wood accents and stairs made from reclaimed wood from Cal Poly gymnasium bleachers. This is an amazing, tranquil and beautifully placed property in the highlands of SLO county. Business: The property and associated cannabis business (included) has been approved by the state and county for a 10000sf mixed-light grow and includes the buildings for that purpose which need to be built and county permitted. The county has also approved the property for another 12000sf of mixed light and 3 acres of outdoor cultivation, plus nursery, processing, manufacturing and transportation of cannabis. The site plans include one acre of outdoor cultivation; 22,000 square feet of indoor cannabis cultivation within three new greenhouses of 10,080 square feet each; a 7,150-square-foot microbusiness building with 1750 square feet allocated to cannabis processing, 600 square feet allocated to a nursery, 600 square feet allocated to non-volatile cannabis manufacturing; and the remainder of the space to be used for an office, restrooms, storage of equipment and cannabis waste storage. The site plans also include installation of four 10,000 gallon water storage tanks for irrigation use and fire suppression and installation of a 100 square foot water pump house. The project would use an existing well for water supply. The plans for security and odor management are robust and included in the purchase. Location: The ranch is located approximately 40 minutes off the 5 Freeway and 90 minutes off Highway 101, in a remote but accessible location, ideal for cultivation and transport of cannabis. Property is fully fenced and easily accessed just off Hwy 58.

7575 Carrisa Highway, Santa Margarita

Listing courtesy of Listing Agent: Ted Gillan (tedgillan@yahoo.com) from Listing Office: SLO Ranch And Sea Realty.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.