1575 S Kniss Ave, Luverne, MN 56156
LAND For Sale| Space | Size | Type | Pricing |
|---|---|---|---|
| Land for Sale - 1.59 Acres | SALE | $5,000,000.00 |
Todd Braufman - Latitude Real Estate Advisors
PHONE: 6124194433
PHONE: 6124194433
An exclusive opportunity to acquire preliminary state and local Micro-business approvals to develop and operate a licensed cannabis retail facility in Luverne, Minnesota, together with the real estate to which those approvals are tied. Opportunities with local approvals already secured are rare, particularly in municipalities that cap the number of cannabis licenses, where buyers are often forced to take on significant risk by racing competing projects to completion. This opportunity materially reduces that risk by providing pre-established local approvals, creating clarity and a defined path to final licensure that is not dependent on timing or competitive buildout pressure. The approvals fall under Minnesota’s general (non–social equity) framework, avoiding operational and transfer constraints commonly associated with social-equity licenses. The underlying property is raw land, allowing the buyer to develop a purpose-built facility optimized for retail operations and permitted non-retail micro-business activities, subject to final inspections and regulatory signoff.