CannaMLS ID: 28201
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.
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
Property is: For lease
Property type: Retail
Monthly lease rate: $ 5,300
Building size (sq ft): 1,700
Parking spots: 11
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