🌿 Downtown Deer Lodge Dispensary & Mixed-Use Investment Opportunity

📍 314 & 316 Main Street | Deer Lodge, Montana
💰 Asking Price – $294,000
🏢 Property Size – 4,680 SF
🌿 Cannabis Use – Approved Dispensary Location

🚀 Investment Highlights

• ✅ Approved Cannabis Dispensary Location in Downtown Deer Lodge
• ✅ One of Only Two Dispensaries Permitted Within Deer Lodge
• ✅ Existing Star Buds Dispensary Location
• ✅ Dispensary Business Opportunity Available – Inquire for Details
• ✅ 4,680 SF Mixed-Use Commercial Building
• ✅ Second Portion Occupied by Established Local Massage Therapy Business
• ✅ Long-Term Tenant Provides Ongoing Rental Income
• ✅ Downtown Main Street Location with Strong Visibility
• ✅ Opportunity for Cannabis Operators, Investors & Owner-Users
• ✅ Combination of Cannabis Retail and Income-Producing Real Estate

📄 Executive Summary

A distinctive opportunity to acquire a 4,680-square-foot mixed-use commercial property in downtown Deer Lodge, Montana, anchored by an approved cannabis dispensary location and complemented by an established long-term commercial tenant.

The main portion of the property currently operates as Star Buds, and according to the listing broker, the location represents one of only two dispensaries permitted within Deer Lodge. This limited local cannabis retail environment creates an important barrier-to-entry characteristic for operators evaluating opportunities within the market.

The property's second commercial section is occupied under a long-term lease by an established local massage therapy business, providing the real estate with ongoing rental income alongside its cannabis retail component.

The combination of an approved dispensary location, downtown visibility, existing tenant income and potential cannabis business opportunity creates multiple acquisition strategies for cannabis operators and commercial real estate investors.

🌿 Cannabis Retail Opportunity

The cannabis component distinguishes 314 & 316 Main Street from conventional mixed-use commercial properties.

Cannabis Highlights

• Approved dispensary location
• One of only two dispensaries permitted within Deer Lodge, per listing broker
• Existing Star Buds retail operation
• Established cannabis use at the property
• Potential opportunity for an operator seeking a presence in the Deer Lodge market
• Existing commercial building eliminates the need to identify and acquire raw development land

The Star Buds business is also being offered for sale. Additional business information, terms and availability should be discussed directly with the listing broker.

🏢 Mixed-Use Real Estate

The offering consists of approximately 4,680 square feet of mixed-use commercial space situated in the heart of downtown Deer Lodge.

Unlike a single-purpose cannabis property, 314 & 316 Main Street combines its dispensary component with a separate commercial tenant.

Property Highlights

• 4,680 SF mixed-use building
• Approximately 0.107 acres
• Downtown Deer Lodge location
• Existing cannabis retail use
• Separate income-producing commercial tenancy
• Strong Main Street visibility
• Flexible appeal to operators, owner-users and investors

💵 Existing Rental Income

A second portion of the property is occupied under a long-term lease by an established local massage therapy business, providing stable ongoing rental income according to the listing broker. 

This creates an attractive mixed-use structure in which a purchaser may benefit from an existing commercial tenant while acquiring real estate associated with an established cannabis retail location.

📍 Downtown Deer Lodge

The property is strategically positioned on Main Street in downtown Deer Lodge, providing visibility and proximity to the city's established commercial activity.

For cannabis operators, the more significant consideration is the property's existing dispensary approval and the limited number of dispensary locations permitted within Deer Lodge. Rather than entering the market through an unproven site, a prospective operator has the opportunity to evaluate an established cannabis-use property.

💼 Ideal Buyer Profile

This opportunity may be particularly relevant for:

• Existing Montana Cannabis Operators
• Cannabis Retail Companies
• Multi-Location Operators
• Strategic Acquirers
• Cannabis Entrepreneurs
• Commercial Real Estate Investors
• Owner-Users
• Investors Seeking Mixed-Use Income
• Operators Seeking Expansion into Deer Lodge

🚀 Strategic Potential

The property presents several possible acquisition strategies:

• Acquire an established cannabis-use commercial property
• Explore acquisition of the existing dispensary business
• Expand an existing Montana cannabis retail footprint
• Benefit from an existing long-term commercial tenant
• Combine owner-occupied cannabis use with rental income
• Secure a location within a highly limited local dispensary environment

📝 Summary Overview

314 & 316 Main Street offers an unusual combination of cannabis retail positioning, mixed-use commercial real estate and existing tenant income in downtown Deer Lodge.

With an approved dispensary location described by the listing broker as one of only two permitted within Deer Lodge, an existing Star Buds operation, 4,680 square feet of commercial space and a separate long-term tenant, the property provides several potential paths for cannabis operators and real estate investors.

The real estate is offered at $294,000, while additional information regarding the availability and terms of the Star Buds business opportunity should be obtained directly from the listing broker.

📞 Contact Information

Listing Broker: Carrie Lease
Brokerage: EXIT Realty Missoula
Montana License: RRE-RBS-LIC-61691
Office: 406-721-1010
Direct: 406-846-1983
Email: carriejoe@exitrealtymsla.com

All property, business, licensing, permitting, financial and tenancy information should be independently verified by prospective purchasers and their representatives.