
Turnkey Investment or
Owner-Operator Opportunity Four Licenses Included
This rare offering presents dual pathways to profitability for both passive investors and hands-on operators. At $1.8M, you're acquiring not just a premium Arts District property, but four fully transferable cannabis licenses – a combined package that would be virtually impossible to replicate in today's market. For passive investors, continue the existing tenant relationship generating $144,000 annually (8% cap rate) while benefiting from license appreciation as Denver's dispensary caps tighten supply. For owner-operators, step into $1.8M in proven annual sales on day one – no application uncertainty, no multi-year licensing process, no startup risk. You're buying immediate revenue with complete vertical integration from cultivation to retail. With Denver's moratorium on new dispensary licenses and the Colorado MED approval process typically taking 6-12 months for new applicants, these four grandfathered licenses alone represent extraordinary value. Whether you're seeking stable passive income or ready to operate a high-performing cannabis facility in one of Denver's most dynamic neighborhoods, this is a complete business solution at a single acquisition price – property, licenses, proven revenue, and protected market position all included.
Property Highlights
Integrated Operations
Complete seed-to-sale vertical integration with retail dispensary and on-site cultivation facility providing full supply chain control and operational efficiency.
Strong Performance
$1.8M annual retail sales ($4,932/day average) demonstrates proven location value and operational success with $277/sq ft revenue density.
Premium Location
Denver Art District on Santa Fe - nationally recognized cultural district with consistent foot traffic, First Friday events, and tourist destination status.
No New Licenses
Denver's cap on dispensaries creates supply constraints and license scarcity premium. Existing operators benefit from grandfathered protection.

This is a excellent opportunity to acquire a fully operational, vertically integrated cannabis facility in Denver's prestigious Arts District. This turnkey operation features both retail dispensary and cultivation capabilities with $1.8M in proven annual sales and $144,000 in annual rental income. The property benefits from exceptional location advantages including high foot traffic from monthly First Friday events (10,000+ attendees), proximity to Alameda Light Rail, and protected status under Denver's dispensary cap system.
List Price: $1,800,000
Lender Approved Financing Available
Owner Will Carry 2nd mtg
Licenses included in the sales price
Investment Advantages
Up to 55% Loan to Value. as low as 9% with an Owner carry at $260,000 you bring less than $500,000 to close.
Real Estate Financing Available.
Control of entire supply chain from cultivation to retail commands higher valuation than single-use facilities
Vertical Integration Premium:
Priced to move as the 4 Licenses are in the real estate value. Perfect for an Owner Operator
Licenses included in Sales Price:
Property valued using premium 6.5-8.5% dispensary rates vs. 12-15% grow facility rates
Dispensary Cap Rates:
Fully operational business with established customer base and trained staffLicenses (Complete vertical integration)
Cannabis Turnkey Operations:
Buy at $1,800,000 (8% cap rate) to position at the bottom of the dispensary range while avoiding grow facility pricing. This creates accessibility for cannabis investors while capturing the integrated operations premium.rovides diverse, recession-resistant customer base
Buyer Recommendation
Financial Performance
Annual Retail Sales:$1,800,000
Monthly Rental Income:$12,000
Annual Rental Income:$144,000
Daily Sales Average:$4,932
Revenue/Sq Ft:$277 annually
Cap Rate:8.0%
Current Estimated Value:$1,175,591
Annual Property Taxes:$38,591 (2024)


Property Details
Address: 4 S Santa Fe Dr, Denver, CO 80223
Building Size: 6,035-6,500 sq ft
Lot Size: 12,362 sq ft
Year Built: 1982
Stories: 1
Property Type: Commercial
APN: 0509612019000
Last Sale: (October 2017)




