CannaMLS ID: 256730
Created | Updated
Price
$ 1,950,000
New York Recreational Property for Sale in Utica, NY 401 Herkimer Rd., Utica, NY 13502 PROPERTY OVERVIEW: Utica, New York, presents an emerging m
Address (1): New York Recreational Property-Utica, NY
Address (2): 401 Herkimer Rd.
Property is: For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Retail
Purchase price: $ 3,950,000
Building size (sq ft): 5,000
New York Recreational Property for Sale in Utica, NY
401 Herkimer Rd., Utica, NY 13502
PROPERTY OVERVIEW:
Utica, New York, presents an emerging market ripe with opportunities for cannabis dispensary real estate investment. With recent legislative changes in New York State permitting the sale of recreational cannabis, Utica stands at the forefront of this evolving industry. Utica’s cannabis market exhibits significant growth potential, driven by shifting attitudes towards cannabis legalization and increasing consumer demand. As the tenth most populous city in New York State, Utica boasts a diverse population and a strong economic foundation. With recent legislative changes opening up opportunities for recreational cannabis sales, the demand for dispensaries in Utica is expected to surge.
Highlights
Located just off the I-90 in a retail corridor
Only 3 miles away from Utica University
Good Parking with 16 spots
Zoned Urban Mixed-Use
Good demographics in municipality
Sale Price: $1,950,000*
Building Size: 5,000 sq. ft.
5-Mile Population: 86,477
Daily Traffic Count: 11,000+
*$1,950,000 includes the Class 5 Cannabis Retailer License, Local and State Approvals, Land Use Entitlements. Real Estate is available for purchase for $575,000.00
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 (1): New York Recreational Property-Utica, NY
Address (2): 401 Herkimer Rd.
Property is: For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Retail
Purchase price: $ 3,950,000
Building size (sq ft): 5,000