This Industrial Property is no longer advertised on LoopNet.com.

68700 Summit Dr
Cathedral City, CA 92234
Industrial Property For Sale

Investment Highlights

  • In place Conditional Use Permit (CUP) approved by the city of Cathedral City and Active Cannabis Cultivation Business License (transferable to buyer)
  • Located in a pro-cannabis city with favorable city tax rates and relatively straight forward guidelines for cannabis businesses.
  • Ample Power. 600 Amps, 120/240 Volt Power, 3 PH, 4 W. 6 electric meters.
  • Cathedral City GREEN ZONE.
  • +/- 250 sf. of office space. 1 restroom. 9 individual storage style building (currently being used as 6 spaces).

Property Facts

Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Industrial Distribution
  • Industrial Manufacturing
Building Class B
Lot Size 0.31 AC
Rentable Building Area 6,600 SF
No. Stories 1
Year Built 1965
Tenancy Single
Parking Ratio 0.6/1,000 SF
Zoning L-1 - GREEN ZONE

Amenities

  • Fenced Lot
  • Yard

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City

Property Taxes

Property Taxes

Parcel Number
687-161-007
Land Assessment
$432,972
Improvements Assessment
$2,067,168
Total Assessment
$2,500,140
  • Listing ID: 21028571

  • Date on Market: 9/22/2020

  • Last Updated:

  • Address: 68700 Summit Dr, Cathedral City, CA 92234

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