$610,000
$750,000
18.7%For more information regarding the value of a property, please contact us for a free consultation.
0.85 Acres Lot
SOLD DATE : 06/29/2021
Key Details
Sold Price $610,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SC21043598
Sold Date 06/29/21
HOA Y/N No
Lot Size 0.850 Acres
Property Description
A vacant 36,970 SF parcel in Grover Beach’s industrial/cannabis zone with approved plans is FOR SALE. Asking price is $750,000. The property has a usable square footage of approximately 22,000 SF. The owner has gone through the CUP process and has approved building permits READY TO PULL. This project is fully entitled, all that is left to do is pay for the permits and build. The plans are for a 16,125 SF building split over two stories each with 12' ceiling heights. Owner may consider Seller Financing.
Currently approved for distribution and manufacturing, however, should the Buyer want other or additional uses could this could be done with minimal effort. The city of Grover Beach is one of the most developer friendly cities on California’s central coast and they are one of the few cities that want cannabis businesses to succeed. The cannabis taxes are currently on the low end of the state at 3% for most uses and 5% for retail.
In addition to cannabis, the city of Grover Beach does allow hemp uses as well. Please contact the city of Grover Beach to discuss all possible uses.
*Information provided herein is deemed reliable, however, we cannot guarantee the accuracy of all information.
Location
State CA
County San Luis Obispo
Area Grvc - Grover Beach
Interior
Fireplace No
Laundry None
Building
Water Public
Others
Tax ID 060545038
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange, Lease Option, Owner May Carry
Listing Terms Cash, Cash to New Loan, 1031 Exchange, Lease Option, Owner May Carry
Financing Cash
Special Listing Condition Standard
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Michelle Esquivel
michelle@michellehomesellingteam.comOur team is ready to help you sell your home for the highest possible price ASAP
Bought with Bill Carpenter • Richardson Properties
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA