Industrial with Cannabis CUPs - 36345 Bankside Dr, Cathedral City, CA 92234
For Sale
For Sale
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Year Built
2001
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Total Building Size
8,044 RSF
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Overview
Cathedral City is in Riverside County, 7 miles southeast of Palm Springs off the 10 Freeway. It is the second largest city in population in the Coachella Valley, and nick named “Cat City” by the locals. Effective in June 2016, the city passed an ordinance to allow medical marijuana uses to include cultivation, dispensing, and in some areas, manufacturing. This is an active market for MMJ businesses, and valuable opportunity to bring your cannabis business above board. Rosano Partners is proud to present an 8,044 SF Industrial tilt up on 21,344 SF lot in Cathedral City's industrial center. This Entitled property has a CUP and local licenses for Cannabis Manufacturing, Distribution, and Cultivation. (State licenses can be applied for during build-out) It currently has approved plans for a full manufacture/Distribution facility which has been partially framed out.. It alsohas approved plans to add another 5,283 SF of building to the Main structure, and also has a Will-Serve letter to upgrade the power to 4,000 Amps (it currently has 400 amps at 480V). The clear ceiling height is 16’, is amply parked, and, zoned for Light manufacturing. This is a great property for a Cannabis Manufacturing operation. It is a great opportunity for an investor to position a cannabis investment, or an owner user to host its company cannabis processing center.
Property Details
Cathedral City is in Riverside County, 7 miles southeast of Palm Springs off the 10 Freeway. It is the second largest city in population in the Coachella Valley, and nick named “Cat City” by the locals. Effective in June 2016, the city passed an ordinance to allow medical marijuana uses to include cultivation, dispensing, and in some areas, manufacturing. This is an active market for MMJ businesses, and valuable opportunity to bring your cannabis business above board. Rosano Partners is proud to present an 8,044 SF Industrial tilt up on 21,344 SF lot in Cathedral City's industrial center. This Entitled property has a CUP and local licenses for Cannabis Manufacturing, Distribution, and Cultivation. (State licenses can be applied for during build-out) It currently has approved plans for a full manufacture/Distribution facility which has been partially framed out.. It alsohas approved plans to add another 5,283 SF of building to the Main structure, and also has a Will-Serve letter to upgrade the power to 4,000 Amps (it currently has 400 amps at 480V). The clear ceiling height is 16’, is amply parked, and, zoned for Light manufacturing. This is a great property for a Cannabis Manufacturing operation. It is a great opportunity for an investor to position a cannabis investment, or an owner user to host its company cannabis processing center.
- Property TypeIndustrial
- Year Built2001
- Sale Price$2,299,000
- Total Building Size8,044RSF
- Total Acres0.49
- Building ClassC
- Sale StatusAvailable
- Property ID2135423