Posted on December 5, 2022 / 27Listing ID: 500133APPLY FOR A REAL ESTATE LOAN
Cannabis & Hemp Insurance
Price : $4,495,000
Size : 26,400
Lot Size (Acres) : 1.95
Cannabis or Hemp Use Allowed? : Hemp
Current Cannabis Business License? : Yes
License Type : Recreational
Sale Type : Financing
Phone : 2064932623

The Leibsohn Vara Group is pleased to present the sale offering for a core Industrial Warehouse property in Tacoma, Washington. The 1918 Stewart Street Building is situated within the heart of the Port of Tacoma, the third largest shipping port on the West Coast and part of the Northwest Seaport Alliance (Seattle/Tacoma), the fourth largest container port in the United States. This versatile concrete tilt-up panel structure situated on approximately 1.95 Acres of land has recently received extensive renovations for use as a marijuana production facility including a new roof replacement, HVAC, plumbing, electrical, lighting, sewer lines, water systems, security systems, underground vault, security fencing and site grading and gravel amounting to over $3,000,000 of major capital improvements. The 1918 Stewart property is an outstanding versatile industrial warehouse asset but the opportunity to capitalize on the massive upgrades, rare prior licensing / zoning approvals and “turn-key” status of this state of the art production and processing facility should not be missed. The excellent location of this property combined with the long term growth potential of the Port of Tacoma offers the savvy Owner/ Operator or Investor the chance to own a fundamentally sound industrial investment asset with an outstanding future in a dynamic growth market.

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Cannabis & Hemp Banking
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