New York Cannabis Cultivation & Manufacturing Facility for Sale in Penn Yan

Rare cannabis-approved industrial facility located in the Finger Lakes region of New York. This 15,000 SF light industrial building sits on approximately 1.51 acres and is currently approved for cannabis operations, giving a qualified operator a faster path into one of the most constrained regulated cannabis markets in the country.

The facility’s biggest advantage is power. Electricity is approximately $0.05/kWh, compared to power costs that can run around $0.25/kWh elsewhere in New York. For cultivation, extraction, drying, HVAC, refrigeration, manufacturing, packaging, or other energy-intensive cannabis operations, that utility spread can materially improve operating margins.

At 100,000 kWh/month, the estimated savings versus $0.25/kWh power is approximately $20,000/month, or $240,000/year. At 250,000 kWh/month, the estimated savings is approximately $50,000/month, or $600,000/year.

The property includes a 15,000 SF industrial building with heavy 3-phase power (1200 amps), floor drains, 20-foot interior clearance, office buildout, loading access, sprinkler system, public utilities, paved parking, and security infrastructure. The building is well-suited for cannabis processing, manufacturing, extraction, packaging, drying/curing, biomass handling, indoor cultivation support, distribution, or other regulated product operations.

Ownership has also developed plans and a design to expand the footprint, with the potential to approximately double the size of the facility, subject to permitting and approvals. This gives a buyer the ability to acquire an existing cannabis-approved facility with low-cost power today while preserving a clear path to future scale.

Property highlights:

• 15,000 SF light industrial building

• Approximately 1.51-acre site

• Currently approved as a cannabis facility

• Industrial zoning

• Approximately $0.05/kWh electricity

• Heavy 3-phase power

• 220V and at least 1,200 amps

• Floor drains in warehouse area

• 20-foot interior clearance

• Approximately 1,250 SF office buildout

• Dry sprinkler system

• Public water, sewer, electric, and natural gas

• Gas-fired warehouse heat

• 6-inch concrete slab

• Sealed concrete warehouse floors

• Grade-level and dock-height loading access

• Paved parking and truck access

• Security infrastructure

• Fenced exterior area

• Existing plans/designs for potential expansion

• Potential to approximately double facility footprint, subject to approvals