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Seattle, WA 98108

  • 0 Beds
  • 0 Baths
  • Business Opportunity
Listing# 1456403 | Active
Days On Market: 159 2 Views
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Property Details

Cannabis tier 2 manufacturing/processing license with a profitable turnkey business. Huge income from third-party processing for suppliers. Owner training. $600K in equipment included. Ideal Seattle location with over 4000 SQ FT manufacturing and extraction facility with additional open lot space ideal for expansion or temporary buildings. 1 yr lease with option for five years. $500K to $1M in inventory inc 1000s of lbs. of once blown material with a test at well over 3% return on 2nd extraction

  • General Features
    • County King
    • Commercial Category BusinessOpportunity
    • Business Type I502 Cannabis Marijuana Processing
    • Franchise N
    • Hours of Operation 24
    • Lease Terms Assignable, More Than 5 Yrs
    • Licenses Alcohol, See Remarks
    • Major Type of Business Manufacturing, See Remarks
    • Number of Employees 4
    • Year Established 2014
  • Property Features
    • Location Business Park
    • Lot Square Footage 0
    • Total Covered Parking 0
    • Total Uncovered Parking 10
  • Financials
    • Annual Gross Sales $1,033,000
    • Annual Rent $81,000
    • Annual Expenses $341,500
    • Inventory $500,000
    • Net Proceeds $320,000

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Neighborhood

98108 (Seattle) Demographics

35Median Age
3,252Population Density (per sq. mile)
39%College Educated
$53,411 Estimated Median Income
4,665Estimated Total Home Owners
3,671Estimated Total Renters
56% / 44%Estimated Owner / Renter Divide
3Estimated Average Household Size
24,351Total Population
Community data courtesy of LiveBy, Inc.

Market Last 30 Days

$580,000 Median Sales Price
19 Homes Sold
0 New On Market

Average Days on Market

    Properties for Sale

      Property History

      Date Event Price Percent Change
      -- Current Price Source New Value: $1,600,000
      5/13/2019 5:01:00 PM New in Database Source

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      This property search is part of the Reliance Network website. Listing information is courtesy of the WA-NWMLS and Reliance Network. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.