Posted on July 15, 2021 / 222Listing ID: 268903GET REAL ESTATE FINANCING
Cannabis & Hemp Insurance
Price : $390,000
Status : ACTIVE
Company Name : Green Life Business Group, Inc
Phone : 619-770-2699

The owners have local approvals for Manufacturing Type 6 & Distribution in hand! The building is also zoned for Manufacturing Type 7, which the new owner could apply for. The facility is located in a highly desirable area of Sacramento. There is no current operation just licenses and a lease, new owner would have to continue the built out along with completing all necessary licensing and approvals, in order to become operational. This is a great project for anyone that is looking to add a Northern California Manufacturing & Distribution hub, in a city with favorable tax rates. One major component that makes this opportunity extremely attractive is the fact how the rental rent is below market for a Building zoned for Type 7.

Sacramento Cannabis Businesses pay a business tax of 4% of their gross receipts.  Taxes are remitted on a monthly basis.  You will begin paying tax once you begin operating and generating revenue.

Details:

  • Space: 2,400 SqFt (First Right to Neighboring Unit 1,900 SqFt could expand another 1900 sqft by taking over the other spot)
  • Rent: $3,800/Month
  • Rent Once Operational: $4,400/Month
  • Building Permits Paid For
  • Ceiling Height: 14 ft
  • Power: Single Phase 220 Amps
  • Parking Spots: +5
  • Approved CUP for Manufacturing Type 6 & Distribution
  • State Provisional License for Type 6 in Hand
  • Building Zoned for Type 7 Manufacturing
  • Amendment to Local Authorization for Type 7 Manufacturing could only cost $250

Asking Price: $390,000.00 (Seller Financing Available)
 

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.

Green Life Business Group, Inc DRE CA LIC# 02061374

Elliot Cardenas, DRE CA LIC# 02138336

Email: elliot@glbgroupinc.com

If you have any questions call Elliot 619-770-2699 or Eric 858-245-6324

 

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