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3265 E 59th St
Long Beach, CA 90805
Approved Cannabis Production Building · Industrial Property For Sale

Property Facts

Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Industrial Manufacturing
  • FlexLight Distribution
Building Class C
Lot Size 0.83 AC
Rentable Building Area 14,000 SF
No. Stories 1
Year Built 1958
Tenancy Single
Parking Ratio 2/1,000 SF
Clear Ceiling Height 18’
No. Drive In / Grade-Level Doors 2
Zoning IL - Light Industrial M1 and MR2 Uses, Additional Industrial Uses, Storage Yards, Animal Keeping, Enclosed Composting, no R Zone Uses

Amenities

  • Fenced Lot
  • Mezzanine
  • Skylights
  • Air Conditioning

Utilities

  • Lighting
  • Water
  • Sewer

About 3265 E 59TH ST , LONG BEACH, CA 90805

The subject property consists of one parcel that measures .83 acres with a spacious 14,000 sq ft building and large rear parking lot. There are two roll up doors at the rear of the building, allowing for ground level loading access. Recently, the City of Long Beach passed an ordinance allowing Adult Use Cannabis production but requiring a conditional use permit (CUP) for any new applicants. However, because this building already had an application submitted and approved for medical operations, it is exempt from the CUP requirement, which will save the buyer approximately 6-8 months of application time. This application can be converted to adult use by applying for the designation through the City of Long Beach. Zoning on the site is LBIG, a heavy industrial zoning designation that permits for many uses. Located on E 59th St between Obispo and Downey, the property has excellent access and is convenient to the 710 and 91 freeways. PROPERTY HIGHLIGHTS: -Cannabis Business License for Type 7 Manufacturing, approved for Volatile and Non-Volatile Extraction, Cultivation and Distribution -NO CUP required – save 6 to 8 months min -Property has a huge fenced parking lot, allowing for a 30+ cars to be parked (Buyer to verify) -New owner could be up and starting build out in as soon as 60 days. -Copies of proposed building and site plan submitted to the city, along with approval letter, available upon request.

Property Taxes

Property Taxes

Parcel Number
7121-007-011
Land Assessment
$2,164,864
Improvements Assessment
$1,082,432
Total Assessment
$3,247,296
  • Listing ID: 14316228

  • Date on Market: 11/6/2018

  • Last Updated:

  • Address: 3265 E 59th St, Long Beach, CA 90805

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