Details
Listing 4988
Sales Price: $3,950,000
*$3,950,000 includes the Adult-Use Retail Dispensary License, including state approvals and local land use entitlements and Long-term lease of real estate for $30,000/Month NNN
Located in Manhattan’s bustling Midtown., 212 E 34th Street offers an exceptional commercial real estate opportunity, perfect for flagship cannabis dispensary. With its prime location and approval for a dispensary, this property stands out in a high-traffic area near major landmarks like the Empire State Building, United Nations Headquarters and Times Square, ensuring a constant flow of both local and international foot traffic.
The property benefits from excellent transport links, including proximity to subway stations and bus stops, making it easily accessible. Surrounded by a mix of national franchises and local businesses, the area offers a vibrant commercial environment that enhances its appeal to the potential investors and businesses looking to capitalize on the bustling Manhattan market and the lucrative, growing sector of the cannabis industry.
Highlights
- High Traffic Location. Located directly at the Midtown Tunnel exit, tis location offers unmatched visibility and access capturing the vibrant flow of Long Island commuters and city visitors alike.
- Tourist Magnet. Proximity to major tourist attractions amplifies potential customer base exponentially.
- Vibrant Commercial Environment. Surrounded by a blend of high-profile franchises and bespoke local businesses.
- Unique Market Opportunity. One of the few properties approved for a cannabis dispensary, a rapidly expanding sector with high returns.
- Accessibility. Exceptional transport links including subway, bus and rail options.
Canna Zoned MLS Broker License #6505430639
- ID: 11478
- Published: May 22, 2024
- Last Update: May 22, 2024
- Views: 537