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4048-4054 New Court Ave

21,993 SF Industrial Building Syracuse, NY 13206 $3,726,960 CAD ($169 CAD/SF)

Executive Summary

Tier 2 Cultivation Opportunity
4048 New Ct Ave., Syracuse, NY 13206
OVERVIEW
Presenting an exceptional opportunity for cultivators: a licensed Tier 2 indoor cultivation facility, one of only 20 such licenses granted by the state in a highly competitive round! Out of the 40 total cultivator licenses and thousands of retail licenses issued, this property is a standout as a rare find. It presents the potential to develop a state-of-the-art cannabis operation tailed to meet the growing demands of the industry. Boasting a strategic location and ample space, this facility offers significant profit potential for cultivators.
This 21,993+ SF industrial manufacturing building, situated on a 0.86-acre lot. The facility features three docks for efficient logistics and transportation. Ceiling heights reach up to 18’, accommodating diverse operational requirements. Located less than 3 miles from Exit 35, Carrier Circle of I-90 (NYS Thruway), this property offers convenient access to major highways, ensuring efficient distribution and commuting. Take advantage of this rare opportunity to establish a cutting-edge cultivation facility in a strategically located industrial building.
HIGHLIGHTS
• Exclusing Licensing: The facility possesses a rate Tier 2 indoor cultivation license, limited to 20 recipients, boosting its market advantage
• Canopy Size: Tier 2 license allows up to 12,500 square feet of canopy
• Multiple Docks: Three docks available
Sale Price: $2,650,000.00
License Type: Tier 2 Cultivation
Building Size: 22,000
Lot Size: .86 Acres
Ceiling Height: 18 Ft
Loading Docks: 3 total
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

Property Facts

Price $3,726,960 CAD
Price Per SF $169 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.86 AC
Rentable Building Area 21,993 SF
No. Stories 1
Year Built 1952
Tenancy Single
Parking Ratio 0.91/1,000 SF
Clear Ceiling Height 7 ft
No. Dock-High Doors/Loading 3

Amenities

  • Bus Line
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
312689-031-000-0010-013-001-0000
Land Assessment
$49,787 CAD
Improvements Assessment
$695,605 CAD
Total Assessment
$745,392 CAD

zoning

Zoning Code 06 (Industrial)
06 (Industrial)
  • Listing ID: 32096725

  • Date on Market: 2024-06-11

  • Last Updated:

  • Address: 4048-4054 New Court Ave, Syracuse, NY 13206

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