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Cannabis-Approved Industrial Facility with $0.05/kWh Power in Finger Lakes, NY

Penn Yan, NY, USA
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  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale
  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale
  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale
  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale
  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale
  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale
  • Cannabis Real Estate Listings | Cannabis Warehouses and Industrial Buildings For Sale
  • Cannabis-Approved Industrial Facility with $0.05/kWh Power in Finger Lakes, NY
  • Cannabis-Approved Industrial Facility with $0.05/kWh Power in Finger Lakes, NY
  • Cannabis-Approved Industrial Facility with $0.05/kWh Power in Finger Lakes, NY
  • Cannabis-Approved Industrial Facility with $0.05/kWh Power in Finger Lakes, NY
  • Cannabis-Approved Industrial Facility with $0.05/kWh Power in Finger Lakes, NY

Listing ID : 956603

Listed On May 5, 2026 View Count 109

Listing Updated May 5, 2026

Price :
$1,250,000
Business Overview :
License Details :
Business Location Details :
Cannabis or Hemp Use:
Cannabis Only, Hemp Only, Cannabis and/or Hemp
Number of Parking Spaces:
10
Size:
15,000 Sq. Ft.
Lot Size:
1.51 Acres
Zoning:
Commercial
Power:
1,200 AMPS
Utilities:
Electricity, City Water, Sewer, Garbage, Natural Gas
Year Built:
1988
Terms :
Financing:
Cash
Company Overview :
Description :

Rare cannabis-approved industrial facility located in the Finger Lakes region of New York. This 15,000 SF light industrial building sits on approximately 1.51 acres and is currently approved for cannabis operations, giving a qualified operator a faster path into one of the most constrained regulated cannabis markets in the country.

The facility’s biggest advantage is power. Electricity is approximately $0.05/kWh, compared to power costs that can run around $0.25/kWh elsewhere in New York. For cultivation, extraction, drying, HVAC, refrigeration, manufacturing, packaging, or other energy-intensive cannabis operations, that utility spread can materially improve operating margins.

At 100,000 kWh/month, the estimated savings versus $0.25/kWh power is approximately $20,000/month, or $240,000/year. At 250,000 kWh/month, the estimated savings is approximately $50,000/month, or $600,000/year.

The property includes a 15,000 SF industrial building with heavy 3-phase power (1200 amps), floor drains, 20-foot interior clearance, office buildout, loading access, sprinkler system, public utilities, paved parking, and security infrastructure. The building is well-suited for cannabis processing, manufacturing, extraction, packaging, drying/curing, biomass handling, indoor cultivation support, distribution, or other regulated product operations.

Ownership has also developed plans and a design to expand the footprint, with the potential to approximately double the size of the facility, subject to permitting and approvals. This gives a buyer the ability to acquire an existing cannabis-approved facility with low-cost power today while preserving a clear path to future scale.

Property highlights:

• 15,000 SF light industrial building
• Approximately 1.51-acre site
• Currently approved as a cannabis facility
• Industrial zoning
• Approximately $0.05/kWh electricity
• Heavy 3-phase power
• 220V and at least 1,200 amps
• Floor drains in warehouse area
• 20-foot interior clearance
• Approximately 1,250 SF office buildout
• Dry sprinkler system
• Public water, sewer, electric, and natural gas
• Gas-fired warehouse heat
• 6-inch concrete slab
• Sealed concrete warehouse floors
• Grade-level and dock-height loading access
• Paved parking and truck access
• Security infrastructure
• Fenced exterior area
• Existing plans/designs for potential expansion
• Potential to approximately double facility footprint, subject to approvals

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