Type 7 & 11 Licenses with Real Estate Included & Plans Approved For Buildout

CannaMLS ID: 4271
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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
Facility Is Built Out:
No
Has Room For Expansion:
Yes

This is an amazing opportunity to acquire a 9,864 SF class A industrial building in the city of Long Beach with State approved Type 7 &11 Licenses.  Plans have been approved by the city so an operator can begin TIs immediately for city approved CUP for Manufacturing & Distribution.  Building Appraised in May 2020 for $4,000,000 as a Non Cannabis Value.  The city of Long Beach has reduced its cannabis tax to 1% making it a prime investment opportunity for operations.  2 sets of roll up doors on the side of the building as well as 2 separate front door entrances as well as plenty of office space in the front.  

 

Long Beach local government is cannabis-friendly, and the permitting process is streamlined to facilitate the establishment of a robust local cannabis industry. Long Beach also offers quick access to several of the largest cannabis retail markets in California including: Los Angeles (#1), San Diego(#2), Long Beach (#7), and Santa Ana (#11).

Price: $4,500,000

Listing Status: For Sale

Details

Date Listed For Sale: 10/12/2020
License Type: Type 7 & Type 11

Location: Long Beach, California 90805

Recreational: Yes

Listing Type

  • Manufacturing
  • Distribution
  • Real Estate



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