Long Beach Marijuana Cultivation / Manufacturing Property

Overview

Type
Sqft.
7,640.00
sqft.
Price Per Sqft.
$
0.00
CAP Rate
0.00
%
Lot Size
10,218.00
sqft.

Description

Rosano Partners is proud to presents a 7,640 SF warehouse on a 10,218 SF lot eligible for a medical marijuana business under measure MM. This facility is ideal for an investor looking to establish a vertically integrated medical marijuana business. The facility had recent power upgrades capable of 225 Amps at 240 Volts. The property has 17 solar panels and 15 tons of AC that was recently added along with a completely refurbished interior. This property is ideal for a cannabis cultivation and or manufacturing facility.

Location Features
This is a rare opportunity acquire a recently renovated facility in an industrial area allowing marijuana business uses in Long Beach. The offering is comprised of two contiguous parcels facing Anaheim Street. The facility is situated in high traffic count corridor conveniently near the 710 Freeway, The Port of Long Beach, and all Downtown Long Beach has to offer. During the recent election, measure MM & MA were approved by Long Beach voters on November 8th. These measures will tax and regulate marijuana businesses in Long beach. This location will likely not qualify for dispensary uses because a Priority 1 Applicant has a location with-in the 1000SF buffer zone required by measure MM. This location does provide the opportunity for a vertically integrated facility for cultivation and manufacturing cannabis.


Translate »