Industrial for Sale in Cannabis Zone

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 30411622
Property Subtypes: Manufacturing, Mixed Use, Light Industrial, Research & Development, Warehouse/Distribution
Status: Pending/Contingent
Building Size (RSF): 10,884 SF
Gross Building Area: See Agent
Gross Land Area: 0.46 Acres
Sale Price: $1,632,600
Unit Price: $150 PSF
Ceiling: 18 ft. Clear
Docks/Doors: 1 Door
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller, Owner Financing, Other
Cap Rate: Undisclosed
Last Updated: 7/10/2019

Overview / Comments

ZONED FOR CANNABIS USE- cultivation, manufacturing, retail, distribution and transportation.
On hard corner in the Cathedral City/Perez Rd. Green Zone.
Approx. 6,000 SF immediately available, two tenants one of which is mo-mo and the other has a lease expiring soon.
This is a multi tenant building with high visibility.
Owner motivated to sell, reasonable offers considered, priced to sell.

Very high ceilings in the space immediately available. Vertical stacking and second floor possible.

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 687-162-006
Zoning: I-1
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Year Built: 1970
Total Parking Spaces: 22
Amps: 400
X-Phase: Three Phase
Zoning Description: Light Industrial - Zoned for Cannabis

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,084 55,855 120,869
Median Age: 51.48 43.04 46.43
Households: 4,936 21,765 52,468

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