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    68700 Summit Drive

    Cathedral City, CA 92234
    • $1,999,000
    • STATUS: Active
    • ON SITE: 68 days
    • ID#: TR20198175
    UPDATED: 72 min ago
    $1,999,000
    • 0
      BEDS
    • 0.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,600
      SQFT
    • $303
      $/SQFT
    Type:
    Commercial
    Built:
    1965
    County:

    School Ratings & Info

    Description

    Great for Owner User or Investment opportunity to purchase a Rare 6,600 square foot free standing industrial property with 13,504 sf. lot size located in the Cathedral City GREEN ZONE. Secure Fenced Yard Area. ** In place Conditional Use Permit (CUP) approved by the city of Cathedral City and previously issued cannabis cultivation business license. Located in a pro-cannabis city with favorable city tax rates and relatively straight forward guidelines for cannabis businesses. +/- 250 sf. of office space. 1 restroom. 9 individual storage style spaces (currently being used as 6 spaces). Ample Power. 600 Amps, 120/240 Volt Power, 3 PH, 4 W. 6 electric meters. Electric/ Water/ Gas connected. Flexible Use. Possibilities for any Owner/User or Investor. Easy/convenient access to 10 Freeway and all areas of Greater Coachella Valley.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-30T11:28:36.92. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Alvarado Brothers | Ever Stewart Alvarado Broker. Licensed in the State of California, USA.

    www.thealvaradobrothers.com/homes/110276066
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    68700 Summit Drive Cathedral City, CA 92234

    • Price: $1,999,000
    • Status: Active
    • Updated: 72 min ago
    • ID#: TR20198175
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.31
    Acres
    6,600
    SQFT
    $303
    $/SQFT
    1965
    Built
    Neighborhood:
    336 - Cathedral City South
    County:
    Riverside
    Area:
    336 - Cathedral City South
    Property Description
    Great for Owner User or Investment opportunity to purchase a Rare 6,600 square foot free standing industrial property with 13,504 sf. lot size located in the Cathedral City GREEN ZONE. Secure Fenced Yard Area. ** In place Conditional Use Permit (CUP) approved by the city of Cathedral City and previously issued cannabis cultivation business license. Located in a pro-cannabis city with favorable city tax rates and relatively straight forward guidelines for cannabis businesses. +/- 250 sf. of office space. 1 restroom. 9 individual storage style spaces (currently being used as 6 spaces). Ample Power. 600 Amps, 120/240 Volt Power, 3 PH, 4 W. 6 electric meters. Electric/ Water/ Gas connected. Flexible Use. Possibilities for any Owner/User or Investor. Easy/convenient access to 10 Freeway and all areas of Greater Coachella Valley.
    Exterior Features

    Lot Features Lot 10000-19999 Sqft Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Additional Parcels YN No Amperage 600 Asset Class IndustrialSpecialty Building Area Units Square Feet Building Status Existing Business Type CommercialDistributionIndustrialManufacturingOtherStorageWarehouseWholesale Country Us Land Lease YN No Land Use IndustrialOther Laundry YN No Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Property Sub Type Industrial Special Listing Conditions Standard Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Voltage 120/240 Water Source Public Year Built Source Assessor Zoning Ip - Green Zone

    Listing provided courtesy of Kevin Lee of Coldwell Banker Alliance


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-30T11:28:36.92. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Alvarado Brothers | Ever Stewart Alvarado Broker. Licensed in the State of California, USA.

     
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