Marijuana Property for sale in Arvin, CA 93203

35,000 SF Building in SoCal with CUP in place for cannabis operations.

Contact: chad.dixon@streamrealty.com // (949) 371-5137

Highlights

1.5 Hour Drive to Los Angeles

Nearly Build-Ready for Cannabis / Marijuana Cultivation (easily add manufacturing)

Ancillary Cultivation Rooms Already Built Out

CUP Issued for Cultivation, Delivery, and Distribution

Federal Opportunity Zone

Extremely favorable local cannabis tax rates

Building Expansion Opportunity - zoning permits up to 1.0 floor-area-ratio

Current Power is 1600A. Easily upgrade power to 3200A with PG&E

Summary

100 Sycamore Road in Arvin, California is a 35,000 SF, two-story building that is primed to be taken over by an indoor cannabis cultivator. The city has issued CUPs for cannabis cultivation, delivery, and distribution and will allow manufacturing if needed. The buyer will share the building with one of the premier cannabis delivery services in Southern California. There is potential for a long-term retail partnership.

10,000 SF of the first floor has already been built out, including brand new bathrooms, kitchens, and offices. A cultivator can utilize these existing rooms to support ancillary infrastructure, including processing, curing, and trimming. The cultivator only needs to build canopy rooms in the interior.

The property is in an opportunity zone which affords investors the ability to defer, or circumvent, capital gains tax on both the real estate and business operations. Furthermore, Arvin offers some of the best tax rates for cannabis businesses in Southern California – a mere $6 PSF per year for canopy space.

Arvin has issued a CUP for the building and approved plans. The property is build-ready for a cannabis cultivator. The CUP has conditions that must be met, including a minor upgrade in landscaping and a fence around the perimeter of the building. Please see the CUP for more details.

The city is bullish on cannabis and is welcoming the industry like the desert cities (Palm Springs, Desert Hot Springs, etc.). However, sale and lease rates are far more affordable here. Beat the rush and get ahead of the curve in cannabis in Arvin, California.

Asking rate $40,000/Mo for 33,000 SF. Inquire for more details.