CannaMLS ID: 7183

Cannabis Dispensary Storefront for sale in Queens, NY 11111

New York City Dispensary in Queen with Very High Foot Traffic

Created 10/29/24 | Updated 3/9/25

Price

$ 2,000,000

Seller financing available

This Licensed Dispensary is located in South Richmond Hill, Queens, at the busiest intersection of this diverse and vibrant neighborhood.

Property
Licenses
General

Property

Property is: For lease

The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Retail
Monthly lease rate: $ 11,000
Building size (sq ft): 1,900

Property
Licenses
General

Property

Property is: For lease

The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Retail
Monthly lease rate: $ 11,000
Building size (sq ft): 1,900

Description

This Licensed Dispensary is located in South Richmond Hill, Queens, at the busiest intersection of this diverse and vibrant neighborhood. There is very heavy retail foot traffic in this bustling location, with the last stop for A Train Subway stop a block away and a bus stop in front of the business. Public transportation is plentiful for residents and commuters, along with close proximity to JFK airport. The build out of the dispensary is partially completed, with all electrical and plumbing up to code. The remaining build out work, such as painting, flooring, shelves and light fixtures, for which no additional permitting is needed, would need to be completed by Buyer, at a modest cost. The price is for 100% of the business and the license, including a social equity component. Karen Muller, New York Broker #10351215829, is the broker for Seller.

700 sq. ft. ground level and 700 sq. ft. lower level are leased at $12,500 NNN monthly. 10 year lease with 3% annual escalations.