Posted on May 19, 2022 / 352Listing ID: 400960APPLY FOR A BUSINESS LOAN
Cannabis & Hemp Insurance
Price : $650,000
Status : ACTIVE
Size : 7500
Lot Size (Acres) : .5
APN : n/a
Cannabis or Hemp Use Allowed? : Cannabis
License Can Be Moved to Another Location : Yes
License Type : Medical & Recreational
City Tax Rate : TBD
Utilities : Water, Electricity, Gas, Sewer, Trash
Sale Type : Cash

Retail Cannabis Dispensary and Full Cultivation setup in Cathedral City for sale.

Micro license which includes Retail, Cultivation, Manufacturing, Distribution, Transportation and Delivery.

Palm Springs is a very popular vacation destination 12 months a year! With several casinos and high-end Hotels, there’s always something to do at any given day of the week! Subject property is a couple of blocks away from Palm Springs that gets thousands of new visitors each year! Cannabis has been deemed as an essential item during COVID19 and sales have surged! Great opportunity for the right owner/Investor!

The facility is over 7,500 square feet and comes with 20 plus parking spaces. The front of the facility is retail and takes up roughly 1500 square feet.

The cultivation is divided into 2 rooms. The small room currently has 21 lights that support roughly 500 plants. The big room currently has 50 lights that support roughly 1,300 plants. There are also three veggie rooms for growing and maintaining all the tin’s and baby flowers. Room to expand and add more lights. 

Asking Price: $650,000.00

Must sign an NDA/Waiver and have proof of financials before any other detailed information is released.

Exclusive Listing by JohnHart Real Estate

Rafael Gevorkian DRE CA LIC# 01783621 – (818)825-1817

Michael Melik-Bakchian DRE CA LIC#01914624 – (818)455-3601

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Cannabis & Hemp Banking
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