888 E Research Drive

Industrial for Sale
Catylist Listing ID: 30780624
Property Subtypes: Free-Standing, Manufacturing, Mixed Use, Research & Development, Warehouse/Distribution
Building Size (RSF): 19,322 SF
Gross Building Area: See Agent
Sale Price: $4,800,000
Unit Price: $248.42 PSF
Ceiling: 19 ft. Clear
Docks/Doors: 10 Doors
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 1/13/2022

Overview / Comments

This 19,300 sf property with cannabis licenses and a conditional-use permit is ready for cultivation, distribution, type 6 manufacturing, retail dispensary, delivery, and consumption lounge. The building is of high-quality concrete construction. With most of this building's ceiling height at 19 ft, it’s ideal for cultivation with opportunity for stacking grow racks. The building is completely vacant and ready for immediate build-out of specific cannabis improvements for the proposed uses. Power upgrade is approved through Southern California Edison. Call or email for
details on this cannabis opportunity.

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 507-350-011
Zoning: M-1P
Year Built: 1987
Total Parking Spaces: 30

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,283 63,082 97,781
Median Age: 48.21 42.68 43.43
Households: 3,922 26,323 40,574

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