Price : $1,500,000
Listing Types :
Cannabis & Hemp Real Estate & Business Listings / Cannabis & Hemp Real Estate Listings For Sale / Commercial/Other For Sale
Status :
SOLD
Lot Size (Acres) : 1.5
Cap Rate : 10%
Cannabis or Hemp Use Allowed? : Cannabis
License Type : Recreational, Medical, Medical & Recreational
Year Built : 1959, 80's remodel
Utilities : Water, Electricity, Gas, Sewer, Trash
Sale Type : Cash, Financing, Owner Financing, Joint Venture
Company Name : B & B Realty
Phone : (916)600-3851
Email : hydroy@mac.com
-4000 sq ft +/-, Commercial Building in approved Cannabis use zone.
-Small N. California town with long history with Cannabis. Exclusive community Cannabis Testing Lab as tenants. -Over 150 legal community cultivation licenses.
-Many property upgrades and tenant improvements.
-Good long term lease. Approx 10% investors CAP rate at asking price.
Large lot with room for expansion.
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