CannaMLS ID: 5266
Created | Updated
Price
$ 950,000
New York Recreational Dispensary 185 Market St., Potsdam, NY 13676 Overview *$950,000 includes the Class 5 Cannabis Retailer License, Local and St
Address: 185 Market St.
Property is: For lease
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Retail
Purchase price: $ 3,950,000
Monthly lease rate: $ 7,700
Building size (sq ft): 7,700
New York Recreational Dispensary
185 Market St., Potsdam, NY 13676
Overview
*$950,000 includes the Adult-Use Retail Dispensary License, including state approvals and local land use entitlements and Long-term lease of real estate for $7,700/Month NNN
This opportunity includes a FINAL Adult-Use Retail Dispensary License – fully approved and ready for immediate use. Unlike provisional licenses, this final license is not subject to the 12-month deadline for securing a location, offering added flexibility for operators. While currently tied to a premier site in Potsdam, the license may be relocated anywhere within New York State, allowing buyers to capitalize on emerging markets across the state.
Potsdam’s cannabis market exhibits promising growth potential, driven by evolving attitudes towards cannabis legalization and increasing consumer demand. Home to Clarkston University and situated near other academic institutions, Potsdam benefits from a diverse population base of students, faculty and residents.
Highlights
Just miles away from SUNY Potsdam & Clarkson University
Heavier traffic corridor w/access to Price Chipper Plaza
Monument Signage!
Ample Parking with 60 parking spaces
Below market Lease rate!!
The building’s layout can easily incorporate a drive-thru
Final Adult-Use License included – relocate statewide with no 123-month siting deadline.
Lease Terms:
$7,700/Month NNN
10-Year Lease w/ (3) 5-Year Renewal Options
2% Annual Escalators
Sale Price: $950,000*
Building Size: 7,700 Sq. Ft.
Daily Traffic: 14,638
Contact Canna Zoned MLS at 248-420-0420 or sales@cannazonedmls.com for more info.
You can also visit our website at www.cannazonedmls.com
Grow – Process – Transport – Safety Compliance – Provisioning Center
Address: 185 Market St.
Property is: For lease
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Retail
Purchase price: $ 3,950,000
Monthly lease rate: $ 7,700
Building size (sq ft): 7,700
Looking for cannabis friendly financing, real estate loans, or growth capital for your business? Click here to get started!