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36425 Bankside Dr

8,518 SF Industrial Building Cathedral City, CA 92234 $4,252,410 CAD ($499 CAD/SF)

Investment Highlights

  • Built Out for Cannabis Cultivation
  • Paved parking lot and all utilities to site
  • Three other Adjacent Cultivation Buildings Available
  • Single Tenant Tilt Up Industrial Building
  • 4,000 amp power upgrade

Executive Summary

¦ Zoned for Cannabis - Cultivation, Manufacturing, and Distribution
¦ 4,000 amp power upgrade, brand new plumbing, fire sprinklers and 160 tons of HVAC
¦ Seller will consider financing to qualified Buyer. Owner may carry with 25% down at 9% interest over 5 years with no prepayment penalty
¦ No City or State Cannabis Licenses are included with the purchase price.

Property Facts

Price $4,252,410 CAD
Price Per SF $499 CAD
Sale Type Investment
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Distribution
  • Industrial Warehouse
Building Class C
Lot Size 0.51 AC
Rentable Building Area 8,518 SF
No. Stories 1
Year Built 1984
Tenancy Single
Parking Ratio 1.88/1,000 SF
Clear Ceiling Height 14 ft
No. Drive In / Grade-Level Doors 4
Opportunity Zone Yes

Amenities

  • Fenced Lot
  • Skylights

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
687-311-008
Land Assessment
$766,710 CAD
Improvements Assessment
$4,655,470 CAD
Total Assessment
$5,422,180 CAD

zoning

Zoning Code CBP-2 (Commercial Business Park District, which allows for Dispensary, Cultivation, Manufacturing, Distribution and Testing Lab with a Conditional Use Permit)
CBP-2 (Commercial Business Park District, which allows for Dispensary, Cultivation, Manufacturing, Distribution and Testing Lab with a Conditional Use Permit)
  • Listing ID: 32976465

  • Date on Market: 2024-08-27

  • Last Updated:

  • Address: 36425 Bankside Dr, Cathedral City, CA 92234

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