RIVERSIDE MICRO-BUSINESS OPPORTUNITY AND HEMP LICENSE

CannaMLS ID: 3309
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Price: $3,500,000


Listing Details


Listing Category
Cultivation


Price: $3,500,000

Listing Status: For Sale

Property Details

  • Three (3) Buildings
  • 2000/2000/2000 sq ft
  • Three Homes w/ kitchen, AC, bathrooms, newly painted, (a) new roofs, new bathroom, (b) partial new roof, central heating, garbage disposal, (c) central heating, and air conditioning ducting, furnace and central air not installed)
  • Zoned W-2 138 Acres (2) Parcels 80/57.96 Acres
  • Cannabis Uses: Cultivation, Manufacturing, Non-Volatile, Distribution
  • 120,000 Canopy Size

 Water

  • 1200 Gallon PVC Holding Tank
  • 22 Gallons Per Minute
  • Two Additional Well Sites Available
  • Electricity on grid 200 Amps

Location

  • 5 miles from I-10 & HWY 79
  • 27 miles from Desert Hot Springs
  • 85 miles east of downtown Los Angeles
  • Centrally located between major retail and processing hubs

Licensing Info

  • Preliminary Plans for 5 licenses either 1AC each or 22,000 sq ft each. Property can support up to 10 licenses for cultivation. No manufacturing or dispensary allowed here.
  • Land Consultant has already been speaking with the county officials, framework to move forward has all been clarified.
  • Redesign the facility to your liking and mix and match uses
  • PAR (Preliminary Application Review) process will confirm that everything is good with your proposed plans; fire, safety, and regulatory committees all give you feedback before moving to CUP (estimated 6 months for licensing)
  • Property Currently Has a Hemp License
  • Riverside Cannabis RFP Has been completed for the property (Cultivation, Distribution)
  • CUP is pending Zoning Change or Zoning Amendment
  • Due Diligence Package (Water Certification, RFP, Property Improvements,  original PAR)

Terms of Purchase

  • Purchase Price $3,500,000
  • $70,000 EMD (earnest money deposit)
  • Change of Ownership – property owner will do everything necessary to allow the transfer of the license, or operation under the license complying with state/municipal laws.
  • Owner financing available

 


Listing Details

Listing Status
For Sale

Location
Cherry Valley, California 92223

Date Listed For Sale:
2/4/2020

Date Last Updated:
1/5/2021

Property Details

Pricing Details

Listing Price
$3,500,000

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