Cultivation Property for Sale or Lease

Retail-Commercial for Sale
Catylist Listing ID: 30327701
Property Subtypes: Mixed Use, Street Retail, Vehicle Related, Other
Building Size (RSF): 2,370 SF
Gross Building Area: See Agent
Sale Price: $1,000,000
Unit Price: $421.94 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/29/2018

Overview / Comments

This property is within the Cultivation zone which allows, cannabis cultivation, retail dispensary, manufacturing and distribution.
The building is in good condition and is expandable from the rear to 6,000 sq. ft.
This property is ideal for anyone looking to get into the cannabis cultivation business without breaking the bank!!
A must see.

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 687-074-002
Zoning: L1
Retail Clientele: General, Business
Property Located Between: Date Palm Drive and Perez Rd.
Property Visibility: Excellent
Largest Nearby Street: Date Palm Drive
Feet of Frontage: 50
Traffic/Vehicle Count: 27,320
Highway Access: Close to Hwy 111 and I 10 Fwy
Airports: Palm Springs
Site Description: Flat comprised of building and rear lot
Area Description: Located within the cultivation zone in Cathedral City
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,370 SF
Property Condition: Good
Year Built: 1989
Year Renovated: 2014
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Concrete block
Total Parking Spaces: 10
Parking Type: Surface
Parking Description: Front of building and in rear
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Other
Interior Description: Modern, clean
Zoning Description: LI
Water Service: Municipal
Sewer Type: Septic

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,855 55,855 118,542
Median Age: 50.06 43.04 46.24
Households: 4,276 21,765 51,127

Contact

Photograph of Listing Agent

Kimberly Valentine

Baddour & Associates
The information presented herein is provided as is, without warranty of any kind. Neither Desert Area Commercial Information Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.