FOR SALE 2020 W 15th St.

Overview

Type
Sqft.
9,634.00
sqft.
Price Per Sqft.
$
378.87
CAP Rate
0.00
%
Lot Size
10,563.00
sqft.

Description

Rosano Partners is proud to present a 9,634 SF warehouse on a 10,563 SF lot eligible for a medical marijuana business uses under measure MM. This facility is ideal for an investor looking to establish a vertically integrated medical marijuana business. This property boasts an outstanding electric capacity of 800Amps at 440v, which is enough power to cultivate the whole facility. This building also has over 30’ ceiling clearance providing the possibility for vertical cultivation. There is 900 SF of mezzanine office space and a walk-in safe that are added bonuses to this near turn-key opportunity.

Location Features
Long Beach voters approved Measure MM & MA during the recent election on November 8th. The property is situated conveniently near the 710 and the 405 freeways, The Port of Long Beach, and all Downtown Long Beach has to offer. Measures MM and MA give the city a mandate to tax and regulate marijuana businesses in Long Beach. Per Measure MM Long Beach City must expediently move forward with licensing. Applications became available on January 1st and the application period begins on January 23rd


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