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TURN-KEY CANNABIS RETAIL OPPORTUNITY – VERNON, BC Excellent opportunity to acquire Highlander Cannabis, a fully licensed non-medical cannabis retail store (LCRB Licence #450259) in Vernon’s North Okanagan market. This turn-key sale includes the licence, fixtures, equipment and lease. Approximately 800 sq. ft. of beautifully renovated retail space with an estimated $300,000 invested in the build-out. Features include custom secured display counters, lockable cannabis cabinets, POS system, safe, security cameras, alarm, security-barred tinted windows, steel staff door and security gate. Private office includes secure cannabis storage, sink and staff area. Two ductless heat/AC units, beverage fridge, furniture and décor are also included. Located on high-visibility Stickle Road with convenient parking and access. The store shares a commercial plaza with an established liquor store and neighbouring pub, providing complementary traffic and excellent exposure. Owner is selling due to a family matter unrelated to the business. An outstanding opportunity for an owner-operator or established cannabis retailer to acquire a professionally built, licensed location without the substantial cost and time of starting from scratch.
Highlights
- Turn-key licensed non-medical cannabis retail store, LCRB Licence #450259, sold with its licence, fixtures, equipment and lease.
- About 800 sq. ft. of retail space. The listing states about $300,000 was invested in the build-out.
- Includes a POS system, safe, security cameras, alarm, two ductless heat/AC units, beverage fridge and furniture.
- The lot is 1.24 acres with municipal water. Swan Lake is 280 m away and Vernon Jubilee Hospital is 4.8 km away.
Things to check
- Ask about the septic system, including its age, capacity and maintenance records, since the sewer is a septic tank.
- Ask for the lease terms, including expiry date, renewal options and rent, since the lease is included in the sale.
- Confirm with the LCRB whether the licence can transfer to a new owner, and ask the City of Vernon about zoning for cannabis retail.
- Ask for sales and financial records, as the listing does not give revenue or expense figures.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
Did you know?: Greater Vernon was officially recognized as the Trails Capital of BC in 2023. Living in Vernon: questions newcomers ask →
Overall neighbourhood score 8.2 / 10; walk & bike score 4 / 10, from how close the nearest school, park or trail, rec centre and town centre are. Scores and distances are Sean Phillips’s own straight-line measures from this home to public B.C. map data. They are not part of the MLS® listing; driving distances are longer, so please check anything that matters to you.
- Price
- $200,000
- MLS® number
- 10400946
- Property type
- Commercial
- Lot size
- 1.24 acres
- Community
- Swan Lake West, Vernon
- Water
- Municipal water
- Sewer
- Septic tank
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