Cannabis Retail Storefront for sale in New York, NY 11111

This Licensed Dispensary is located in a prime Union Square location, within a couple blocks of the Union Square subway station. Nearby neighborhoods include Chelsea and Greenwich Village. The build-out is almost complete with opening plans for November 2024. The price is for 100% of the business and the license, including a social equity component. Very few dispensary locations remain in Manhattan due to strict zoning provisions. 1,750 sq. ft. ground floor and 1,000 sq. ft lower level are leased at $16,000 NNN monthly. 10 year lease with 3% annual escalations.  Seller can assist in a transition of the business to Buyer.  Seller is amenable to financing a portion of the purchase with a credit worthy note.  Seller also has a similar opportunity in a densely populated part of Queens, which can also be acquired, if desired by Buyer. Karen Muller, New York Broker #10351215829, is the broker for seller. NDA and POF required.

1,750 sq. ft. ground floor and 1,000 sq. ft lower level are leased at $16,000 NNN monthly. 10 year lease with 3% annual escalations.