Greenlighted Class 5&6 Prime Jersey City Retail Cannabis Opportunity with Built-In Expansion Pathways

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CHILLTOWN DISPENSARY

CHILLTOWN DISPENSARY

CHILLTOWN DISPENSARY

CHILLTOWN DISPENSARY

CHILLTOWN DISPENSARY

324–326 Central Ave, Jersey City, NJ 07306

$1,100,000 | $10,000/mo

Property Description

CHILLTOWN DISPENSARY (Turnkey Sale or JV Opportunity)

Property Address: 324–326 Central Avenue, Jersey City, NJ

Offering Structure: Turnkey Sale

Asking Investment: $1.1M

Entity: Chilltown Dispensary LLC

License Type: Class 5 Cannabis Dispensary, Consumption lounge & Class 6 Delivery

Size: ±2,500 SF

Parking: Access to 400 Shared Parking Spaces

Zoning: Central Ave SID Redevelopment Zone

Approved Air Rights: Up to 7 Stories

INVESTMENT HIGHLIGHTS

• Fully approved Class 5 cannabis dispensary location

• Located in prime Jersey City Heights with high foot traffic

• Rare access to 400 shared parking spots

• Air rights approved for 7 stories – future development upside

• First Right of Refusal secured in the lease assignment

• Includes delivery platform integration for expanded market capture

• Rebranding opportunity – creative partner welcomed

PROPERTY OVERVIEW

Address: 324–326 Central Ave, Jersey City, NJ

Lot Size: 25x100 (5,527 sqft)

Building Size: ±3,300 SF

Unit Size: ±2,500 SF

Use: Retail Cannabis Dispensary

Tenancy: Vacant – Delivered ready for buildout

Zoning & Permitted Use: Class 5 Cannabis retail & Consumption and Class 6 Delivery

DOCUMENTATION INCLUDED:

• Cannabis License & Municipal Resolution

• Draft Joint Venture Agreement

• Financial Projections

• Business Plan

• Marketing Deck

• Photos (Exterior + Interior)

• Lease

CONTACT:

Arianna Nieves

Licensed Commercial Real Estate Advisor

SERHANT. Commercial

Arianna@serhant.com | 707-739-5778

CHILLTOWN DISPENSARY (Turnkey Sale or JV Opportunity)

Property Address: 324–326 Central Avenue, Jersey City, NJ

Offering Structure: Turnkey Sale

Asking Investment: $1.1M

Entity: Chilltown Dispensary LLC

License Type: Class 5 Cannabis Dispensary, Consumption lounge & Class 6 Delivery

Size: ±2,500 SF

Parking: Access to 400 Shared Parking Spaces

Zoning: Central Ave SID Redevelopment Zone

Approved Air Rights: Up to 7 Stories

INVESTMENT HIGHLIGHTS

• Fully approved Class 5 cannabis dispensary location

• Located in prime Jersey City Heights with high foot traffic

• Rare access to 400 shared parking spots

• Air rights approved for 7 stories – future development upside

• First Right of Refusal secured in the lease assignment

Read MoreRead Less

Overview

Location

324–326 Central Ave, Jersey City, NJ 07306

Listing Last Updated

5/22/2025 6:22 PM

Property Features & Amenities

Interior

Exterior

Details

Neighborhood

Jersey City

View Description

PROPERTY OVERVIEW Address: 324–326 Central Ave, Jersey City, NJ Building Size: ±3,300 SF Use: Retail Cannabis Dispensary Tenancy: Vacant – Delivered ready for buildout HVAC/Utilities: Tenant Responsibilty Zoning & Permitted Use: Class 5 Cannabis Retail, Delivery & Consumption Lounge

Financial

Price

$1,100,000 | $10,000/mo

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Exclusive Listing Agents

Arianna Nieves

Licensed Real Estate Salesperson

(201) 463-3657 arianna@serhant.com

SERHANT. Lifestyle Index

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culture

parks
large amount of park space nearby
shopping
wide variety of shops within a few minutes' travel
nightlife
some bars within a few minutes’ travel

culinary

restaurants
exceptional variety of restaurants within a few minutes’ travel
cafes
several cafés within a few minutes’ travel
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at least one supermarket within a 5-minute travel

transportation

pedestrian friendly
all day-to-day needs are within a few minutes' travel
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suitable for bicycle commuting and/or recreational cycling
transit friendly
near rapid transit and frequent bus lines
car friendly
arteries nearby, but traffic congestion and parking problems are possible

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Arianna Nieves

Arianna Nieves

Licensed Real Estate Salesperson

arianna@serhant.com

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