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68031 Ramon Rd Cathedral City, CA 92234

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For Sale
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17,776 SF multi-tenant building with cannabis tenants.

Property size:
17,776 SF

Property Features for 68031 Ramon Rd

General Information

Standard status
Active
Size
17,776 SF

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Listing Contact
Cameron Rawlings
Cameron Rawlings
Source: Crexi

Listing Agency: Wilson Meade Commercial Real Estate Listing Agent: Cameron Rawlings

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Multi-Tenant Commercial Building For Sale

This multi-tenant commercial building offers approximately 17,776 square feet of space in Cathedral City, situated on a signalized corner along Ramon Road. This location provides a direct link between Downtown Palm Springs and the I-10 freeway. The building has undergone capital improvements, including new HVAC systems, an upgraded elevator, refreshed exterior paint, desert landscaping, and a security system. The property is currently occupied by three long-term tenants: a licensed cannabis dispensary and consumption lounge, a state-permitted cannabis testing laboratory, and a quick-service fried chicken restaurant. The cannabis operators have made tenant improvements, demonstrating commitment to the location. This property offers infrastructure, compliance, and tenant stability. It is suited for investors seeking a 1031 exchange or looking to expand their portfolio with an income-producing asset.
Location Intelligence

Current Use by Public Records

Dank DePot (Bike/Boat/Book/etc) Store Smoke Shop (Bike/Boat/Book/etc) Store Landau Laboratories, Inc ... Laboratory Leafwell - Medical Marijuana ... Medical Clinic Cluckin Bun Take-out & Catering

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Century Plaza Shopping Center, Ramon Plaza, Cardenas, Cathedral Village Shopping Center, Gentry Plaza

Location Insight

  • Map
  • Local Demand
City
Cathedral City
County
Riverside
State
California
Longitude
-116.4748682
Latitude
33.8153996

FAQs

What type of property is this?
Shopping center - 17,776 SF multi-tenant building with cannabis tenants.
Where is this shopping center located?
The property is located at 68031 Ramon Rd Cathedral City, CA.
What are key features of this property?
This property features: - Prime location at a signalized corner on Ramon Road.; - Fully stabilized asset with long-term tenants, including a licensed cannabis dispensary and consumption lounge, a state-permitted cannabis testing laboratory, and a quick-service restaurant.; - Significant capital improvements completed, including new HVAC systems, upgraded elevator, refreshed exterior paint, professional desert landscaping, and a comprehensive security system.
More about this property
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