505 Buena Vista Ave Corona, CA 92882
- Commercial real estate
Current Use by Public Records
- Pulic Health / Hospital
- Riverside Public Defender / Attorney
- Dr. Julie A. Johnson, MD / Family Practice Physician
- Dr. Sattar / Family Practice Physician
- Corona Court / City Courthouse
Property Details for 505 Buena Vista Ave
- Property type
- Commercial real estate
Description
This thriving cannabis microbusiness, established in April 2024, is offered for sale at $399,000. Located in Corona, CA, this turnkey operation boasts a 3,800 square foot facility with a 5-year lease (plus a 5-year renewal option) at a monthly rent of $4,500. The business includes a comprehensive Level 1 manufacturer license (Type 6), allowing for non-volatile solvent extraction, mechanical extraction, infusion, packaging, and labeling of cannabis products. It also operates as a non-storefront retailer, conducting sales exclusively through delivery services, and a distributor, facilitating the movement of cannabis products between various licensees and providing storage services. The secure facility features a robust security system, cameras, and a manual roll-up door. Five parking spaces are available on-site, with additional street parking. This unique opportunity encompasses three distinct license types under one roof, creating multiple revenue streams. The business has no outstanding debts or liabilities. Serious inquiries only; proof of financials and a signed NDA/Waiver are required before further details are disclosed.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Corona
- County
- Riverside
- State
- California
- Longitude
- -117.577
- Latitude
- 33.8779
