

Cream Dispensary
284 First Street, Jersey City, NJ 07302
Marketing description
RIPCO REAL ESTATE has been retained on an exclusive basis to arrange for the business sale of a ground retail space at 284 FIRST STREET — Cream Dispensary, a fully built-out retail opportunity located in the heart of Downtown Jersey City.
Positioned along one of Jersey City's premier retail corridors, Cream Dispensary is a turnkey operation surrounded by luxury residential developments, office buildings, and a strong local customer base. The sale includes the existing business, furniture, fixtures, equipment, and operational infrastructure, enabling a seamless transition to new ownership.
This opportunity allows a qualified operator, multi-state operator, strategic buyer, private investor, or family office to establish or expand its presence in New Jersey's cannabis retail market through an existing operating platform. Any transaction is subject to approval by the New Jersey Cannabis Regulatory Commission, municipal approval from the City of Jersey City, landlord consent where applicable, and customary transaction and closing conditions.
The lease has approximately seven years remaining, with one additional five-year renewal options, providing continuity of location.
BUSINESS FOR SALE ONLY AND IS OPERATING. PLEASE DO NOT DISRUPT CURRENT OPERATIONS.
Investment highlights
- $2,791,248 Gross Sales
- Transferable lease structure
- Purpose-built retail footprint
- Clean vendor position
- Successful business operating - Please DO NOT DISTURB
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