101 Pacific Ave Long Beach, CA 90802

This fully operational cannabis Microbusiness in Long Beach, CA, is offered for sale at $1,900,000. The 5,000 square foot facility includes cultivation (approximately 3,900 sq ft), distribution (500 sq ft), and manufacturing (600 sq ft) areas, all operating under provisional state licenses: Cultivation (Small indoor – 5,001 to 10,000 sq ft of canopy), Manufacturing Level 1 (non-volatile solvents or mechanical methods), and Distribution of medical cannabis and products. The facility boasts 150 flower lights, a three-tier LED system in the vegetative room, and an impressive 3200 amps of power. Recent renovations include new equipment and lights (all less than a year old), epoxy flooring, and a secure, gated facility with street parking plus two spaces inside the gate. Additional features include a 12-foot ceiling height, a safe room, and 24-hour security. The monthly rent is $13,250. The seller invested $1.4 million in the buildout. Long Beach has a favorable 1% gross receipts tax rate for distribution and manufacturing. A rosin processing room is also included. The seller is open to offers with a $1 million down payment. Financial information and a signed NDA/Waiver are required before further details are released.