CannaMLS ID: 28201

Operational Adult Use Cannabis Dispensary for Sale in Albany, New York

Operational Albany Dispensary in Prime Location

Albany, NY 12207

Created  | Updated 

Price

$ 2,400,000

Seller financing available

Operational adult-use cannabis dispensary for sale in Albany, NY. Class A retail, $1M+ revenue, drive-thru ready. Great owner-operator upside.

listing image

Property

  • Property is: For lease

  • Property type: Retail

  • Monthly lease rate: $ 5,300

  • Building size (sq ft): 1,700

  • Parking spots: 11

A brand new Class A retail cannabis dispensary in the Albany market, open less than a year and already north of $1M in revenue. The business has been running absentee owned, which means an owner operator stepping in has real upside from day one. Drive thru infrastructure is already built and paved, the lease is long term and favorable, and there is minimal competition in the immediate area. 



Albany, NY | Operational Dispensary for Sale

Status: Open and operating | Launched June 2025 | 11 months in business


Location: Downtown Albany | Right off highway exit | First building off the ramp | High visibility, high accessibility


Competition: No other dispensaries within half a mile | Only 3 within a 1 mile radius | Significant market whitespace


Facility: 1,700 SF | Brand new Class A buildout completed 2025 | One of the premier dispensary buildouts in the Albany market


Parking: 11 car parking lot on site and additional parking can be added as needed


Drive Thru: Infrastructure already built and paved | Ready to activate
Ownership: Absentee owned | Significant upside for an owner operator
Financial Snapshot (Jun 2025 through Mar 2026)

Total Revenue: $1,050,589 across 10 operating months


Run Rate Revenue: $115K/mo and growing month over month
Gross Margin: 33% blended | 46% on cannabis product


Net Income: $160,000+ across operating period 


EBITDA Upside: Material improvement expected post close as non recurring and seller specific expenses are normalized
Deal Terms

Lease: $5,300/mo NNN | 14 years remaining | Two 5 year renewal options
Includes: Business and licenses


Asking: $2,400,000

Contact Seller

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