Listing ID : 955569
Listed On April 28, 2026 63
Listing Updated April 28, 2026
Minnesota Microbusiness Dispensary
401 North Nokomis North East, Alexandria, MN 56308
OVERVIEW
*Price includes state and municipal cannabis retail approvals + assignment of long term lease of $6,600/Month NNN
This premier location represents a rare, high-barrier-to-entry opportunity, with approval secured for one of just four cannabis dispensary licenses in Alexandria. Its appeal is further elevated by eligibility under Minnesota’s new microbusiness license structure, giving a single operator the ability to cultivate, manufacture, retail, and potentially allow on-site consumption—all within a single or multiple integrated location. This 2,762 square-foot standalone building features ample parking (50+ spaces), and prominent pylon signage on a high-visibility parcel. Under the microbusiness structure, operators may grow up to 5,000 square feet of canopy indoors or a half-acre outdoors, create cannabis products (10,000 lbs of cannabis for processing), and directly sell cannabis, hemp-derived products, and seedlings to customers—all with the option of a designated on-site consumption area.
HIGHLIGHTS
Exclusive Cannabis License: One of six dispensary licenses issued in Alexandria, offering built-in market protection and limited competition.
Prime Retail Corridor: Nearby national tenants helping anchor the trade area include McDonalds, Subway, Dairy Queen, Caribou Coffee, Pizza Hut and many more!
Microbusiness License Advantage: In addition to the dispensary location, this license allows full vertical integration, including 5,000 SF canopy for cultivation, 10,000 lbs of cannabis product processing annually
License Price: $795,000.00
Building Size: 2,762 sq. ft.
5-Mile Population: 35,000+
Parking: 50+
More properties for sale and lease!
Contact Green Zoned Realty at 248-453-6202 or [email protected] for more info.
You can also visit our website at www.greenzonedrealty.com
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