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2640 Broad StreetSan Luis Obispo, CA 93401Price: $8,000,000

  • Price: $8,000,000
  • 127 Days on Market
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Federal 30-year interest rate: 6.29% last updated on Sep 22, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $8,000,000List Price
  • 0.44Acreage
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!
Listed by Aaron Young of Compass

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Based on information submitted to CRMLS as of September 29, 2022 9:56 PM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Property Details of 2640 Broad Street

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