68700 Ave Cathedral City, CA 92234
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 68700 Ave
- Property type
- Commercial real estate
Description
This fully operational cannabis dispensary in Cathedral City, CA, presents a unique investment opportunity. Established in 2017, this 1,900 sq ft business boasts annual state licenses for commercial retail and distribution of adult-use and medicinal cannabis. Currently operating as a dispensary, the business also holds unused licenses for delivery and a consumption lounge, offering significant expansion potential. The current monthly rent is $6,300, with lease terms negotiable with the landlord. Ample parking is available on-site. The asking price is $250,000, with the seller open to offers and considering a down payment of $125,000. The sale includes the entire business, existing lease, and all valuable licenses. This is an exceptional opportunity to enter or expand within the thriving cannabis industry. Interested parties must sign a non-disclosure agreement and provide proof of financials before receiving further detailed information.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cathedral City
- County
- Riverside
- State
- California
- Longitude
- -116.464
- Latitude
- 33.7814
