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173
Price : $4,250,000
Status : ACTIVE
Size : 18,488
Lot Size (Acres) : 1.12
APN : 687-083-001
Medical or Recreational : Recreational
City Tax Rate : inquire within
Year Built : 1975
Sale Type : Cash, Financing
Utilities : Water, Electricity, Gas
Company Name : Cartozian Associates Real Estate, Inc.
Phone : 5628521991

2.5% COMMISSION OFFERING – One Industrial and One Retail building, located right at the city limits of Cathedral City and Palm Springs, this 11-tenant facility offers all possibilities. Property’s in-line industrial spaces can be separate units or combined. The property comes with a fully-approved Conditional Use Permit and a full set of architectural plans to build out the interior and exterior space to a fully-operational multi-modal cannabis facility. This is a perfect opportunity for the interested “cannabis industry” specialist, or for the investor looking to fully realize fair market rents and maximum return on investment.

Unique Opportunity for Owner/User or Investor to acquire a fully-entitled, multi-license, cannabis facility in the heart of Coachella Valley. Located right at the city limits of Cathedral City and Palm Springs, this 11-tenant facility offers all possibilities. Property’s in-line industrial tenants are all on month-to-month, below-market leases. Property can be delivered vacant at close of escrow. Trunks bar lease is only longer term, but also has ability for work out. Current property ownership will transfer its Bureau of Cannabis Control micro-business licenses allowing for cultivation, manufacturing and distribution at this facility. The property comes with a fully-approved Conditional Use Permit and a full set of architectural plans to build out the interior and exterior space to a fully-operational multi-modal cannabis facility. This is a perfect opportunity for the interested “cannabis industry” specialist, or for the investor looking to fully realize fair market rents and maximum return on investment.

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