CannaMLS ID: 5934

Cannabis Cultivation Property for sale in Long Beach, CA 90813

Distro Space in Long Beach

Created  | Updated 

Price

$ 4,440,000

Contact me: chad.dixon@streamrealty.com   Stream Realty Partners is pleased to present for lease or sale 730 W Esther Street in Long Beach, California. Th

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Property

  • Address: 730 W Esther Street

  • Property is: For sale, For lease

    The property may be available both for purchase or for lease. Contact listing author for details.

  • Property type: Agriculture, Industrial

  • Purchase price: $ 4,440,000

  • Monthly lease rate: $ 30,725

  • Building size (sq ft): 13,655

Description

Contact me: chad.dixon@streamrealty.com

Stream Realty Partners is pleased to present for lease or sale 730 W Esther Street in Long Beach, California. The warehouse is zoned for light industrial use, allowing for a wide range of commercial activities. The building sits on a large lot (0.49AC), a premium in Long Beach. Furthermore, the lot is highly secure and enclosed by a 12' metal fence.

The property is located in an opportunity zone which gives the buyer the upside of deferring capital gains tax in return for investment in the building.

The building is licensed for cannabis cultivation and distribution, ensuring you can start operations immediately without going through the hassle of applying with the city and the state. Long Beach offers some of the best cannabis tax rates in the state.

Contact Seller

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