NJ Cannabis Dispensary Property + Business 831 Hamilton St 2,881 SF 100% Leased Retail Building Somerset, NJ 08873 $2,400,000 ($833.04/SF)

Offered at $2,400,000, this sale includes both the real estate ($1.45M) and a fully turnkey cannabis dispensary business ($950K) located at 831 Hamilton Street in Somerset, NJ. This transaction provides investors and operators the opportunity to acquire a complete package: property ownership and an operating cannabis retail business with licensing and infrastructure already in place.
The Property: The dispensary sits on a highly visible corner lot with dedicated on-site parking. The structure is designed for cannabis operations across three levels: a main retail floor, a lower level with secure vault and staff space and an upper-level lounge and office. The layout supports compliance, security and customer flow, making the site immediately functional for an incoming operator.
The Business: Included in the sale is a New Jersey Class 5 cannabis retail license, a complete POS and e-commerce system, payroll and HR integration, security systems, fixtures, inventory and established SOPs. The business is fully operational, allowing for a seamless transition to new ownership without the delays of licensing, design and build-out.
Location Advantage: The site is located in Somerset within Franklin Township, just five minutes from Rutgers University. The proximity to a large student and residential population ensures consistent consumer demand, while the property’s corner lot positioning offers strong visibility and accessibility. On-site parking further enhances customer convenience, which is a rare advantage for cannabis retail in New Jersey.
Future Potential: In addition to retail operations, the dispensary is well positioned for streamlined delivery integration. The infrastructure and licensing already in place support potential expansion into cannabis delivery, creating further upside for an operator.
This is a rare chance to acquire both the underlying real estate and a fully licensed cannabis business in Central New Jersey. Full Offering Memorandum, financials, and operational documentation are available upon request, subject to verification.