CannaMLS ID: 5266

Cannabis Retail Facility for sale in Potsdam, NY 13676

New York Recreational Dispensary-Potsdam, NY

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

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Property

  • 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

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