4048 New Ct Ave Syracuse, NY 13206

Property Details for 4048 New Ct Ave

Year built

1952

Lot size

0.86 lot acres

Property size

21,993 SF

Zone code

06 - INDUSTRIAL

Property type

Manufacturing properties

APN

312689 031.-10-13.1

APU

31268903110131

Description

Exceptional investment opportunity: a 22,000 square foot industrial warehouse in Syracuse, NY, featuring a rare Tier 2 indoor cultivation license. This is one of only twenty such licenses issued by the state, representing a significant competitive advantage within the burgeoning cannabis industry. The property boasts a strategic location on a 0.86-acre lot, less than three miles from I-90 (NYS Thruway) Exit 35, Carrier Circle, ensuring efficient transportation and distribution. The building itself offers three loading docks for seamless logistics and an 18-foot ceiling height, accommodating diverse operational needs. The asking price is $2,650,000, translating to $120.45 per square foot. This turnkey operation presents a substantial opportunity for cultivators seeking to establish a state-of-the-art facility in a high-demand market. The Tier 2 license allows for up to 12,500 square feet of canopy. This property is a unique and highly sought-after asset in the New York cannabis market. The building is a single-tenant occupancy. The lease type is modified. This is a truly exceptional opportunity for a cannabis cultivator.

Location Insight

City

Syracuse

County

Onondaga

State

New York

Longitude

-76.1079

Latitude

43.0778

CBSA code

45060

CBSA name

SYRACUSE, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments