780 CONCESSION 8 Road West, Puslinch - Business for Sale
780 CONCESSION 8 Road West, Puslinch, Ontario, N0B2J0
This business in Puslinch is for sale. It has been on the market 82 days, fresher than the Puslinch average of 92 days.
Description
Exceptional opportunity to acquire a fully operational, Health Canada licensed cannabis processing business with established infrastructure, expansion potential, and long-term security of tenure. The business operates from a professionally developed facility situated on a remarkable 49-acre property, offering significant opportunities for future growth within the cannabis sector. The operation includes approximately 27,000 sq. ft. of processing, manufacturing, warehouse, office and support space, all designed to support cannabis processing and related operations. The facility is currently occupied under a long-term lease, providing stability for continued operations, and includes a Right of First Refusal (ROFR) to purchase the property. The landlord is willing to sell the real estate separately, creating a unique pathway for future ownership. This is a true turnkey opportunity with substantial room to expand. The property has already received site plan approval for an additional 200,000 sq. ft. expansion, allowing a purchaser to significantly increase production, processing, storage or related operations. There are also opportunities to pursue cannabis cultivation and growing operations, subject to licensing and regulatory approvals. In addition to the industrial facilities, the site includes a stunning 8-bedroom, 5-bathroom conference and accommodation building featuring two kitchens, sauna, fitness centre, garage and multiple meeting spaces. Originally designed as a conference and meeting centre, the building provides flexibility for executive accommodations, staff housing, training facilities or rental income opportunities. Whether you are an existing cannabis operator seeking immediate production capacity or new to the business, this is the perfect turn-key property with possible VTB financing. (id:66096)
Property Details
- MLS®
- 40856051
- Property Type
- Business
- Zoning
- agricultural
- Basement
- None
- Listed
- 82 days ago
Market Timing
Long Listed: 82 days on market, against an average age of 92 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 62 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.8 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in Puslinch has been listed for 82 days, which is 10 days fresher than the city average of 92. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (N0B)
This home lists at $3,500,000, about 29.2× the local median household income of $120,000.
Carrying it typically needs a household income of about $683,673 (20% down, 25-yr amortization, stress-tested) — roughly 470% above the area median.
- Median household income
- $120,000
- Population
- 86,919
- Median age
- 42.8
- Owner / renter
- 88% / 12%
- Avg. household size
- 2.9
Source: Statistics Canada, 2021 Census (FSA N0B)
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$3,500,000
Puslinch