Prime commercial property with double parcel lot, generating steady income heralds one of the BEST Dispensary locations in Napa. Attached to the dispensary building, is a 1 BR/1.5BA 2-story residence. The property also offers rare and unique commercial kitchen development opportunity! Leave it as-is or create an amazing commercial kitchen for additional revenue generation; separate structure is plumbed, drained and ready to go for this purpose. Municipal services connected for both sewer and water. 6.76% projected CAP rate after rent increase 1/1/2024, per lease agreement. Sale Includes 1961 Iroquois Street. Tenants have cannabis licenses approved by City of Napa. A rare chance to own one of the few buildings with tenants that have been approved for a cannabis dispensary with adult/recreational, plus medicinal use. Fully leased investment with a high rental income. Don’t miss this golden opportunity.
