INDUSTRIAL BUILDING IN OPPORTUNITY ZONE – CATHEDRAL CITY

CannaMLS ID: 3620
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Pricing Details

Full Buy Out Price:
$0
Buy In Price:
$0
Ownership Percentage:
0 %

Property Details

Real Estate Is Included:
Yes
Has Buy-in Option:
No

Asking Price: $1,900,000

Industrial Building in Opportunity Zone – Cathedral City

Lot Size ±21,972 SF, +6,295 SF Industrial Building,, ±1,050 SF office space.  Features a large reception and waiting area, 2 privates offices, 1 bathroom in the office area, and 1 bathroom in the warehouse area.

Property Details

  • Cannabis Uses: With a conditional use permit: cultivation, manufacturing, dispensary, distribution, testing lab
  • Licensed: Eligible
  • Zoning: CPB-2 Commerical Business Park District
  • Size: ±21,972 SF (0.48 ACRES)
  • Building Sqft: +6,295 SF Industrial Building,, ±1,050 SF office space
  • Building Stories: 1
  • Equipment: Large compressor,  spray booth (can be removed)
  • Air Conditioning: A/C plus swamp coolers
  • Warehouse Lighting: Flourescent and Skylights
  • Fire Sprinkers: None
  • Construction: Concrete Tilt-Up
  • Grade Level Doors: 1 (12’x14′) and 1 (12’x12′)
  • Fenced Yard: Yes
  • Canopy Sqft: up to 5,000 SF
  • Ceiling Height: +-16′ 
  • Existing Utilities: On grid
  • Power (amps):   400 amps, 120/208 volts, 3 phase
  • Parking:  0.95/1,000 SF
  • APN: 687-312-006

Location: Central Cathedral City, close to all in an industrial business park.  Ten minutes to Airport.

City Tax Rate: Ten cents for each dollar of gross receipts or fractional part thereof received by a dispensary or by any other cannabis business for activities other than cultivation or manufacturing.  Fifteen dollars for each square foot or fractional part thereof of cannabis cultivation space. For cannabis-infused product, forty cents of each cannabis-infused product other than cannabis concentrate produced or manufactured and packaged or intended for individual sale. For each gram of cannabis concentrate produced or manufactured, packaged, or intended for individual sale:  Crude at $.05 per gram, Distillate at $.10 per gram, Exotic/Boutique at $.40 per gram.

  • Year Built: 1980

Terms of Purchase

  • Type: Sale only
  • Price:  $1,900,000
  •  Deal Type: Sale

 

Price: $1,900,000

Listing Status: For Sale

Details

Date Listed For Sale: 3/20/2020
License Type: Cultivation, Delivery, Extraction, Distribution

Location: Cathedral City, California 92234

Recreational: Yes
Medicinal: Yes

Listing Type

  • Cultivation
  • Manufacturing
  • Distribution
  • Other