Cathedral City CA Real Estate & Commercial for Sale

this property includes three cannabis licenses for Manufacturing, Cultivating and Distribution. and has been mostly renovated just waiting for final touches and personalization. sitting in the cannabis zone for Cathedral city fully gated two story warehouse with engineering plans for complete build will also be included. Close to the casino and shopping centers this property has lots of potential. Motivated sellers open to hearing all serious offers.

We are pleased to present for sale a unique property with endless possibilities located in the heart of Downtown Cathedral City! This property is strategically located in the Cathedral City Industrial Submarket off the 111 Hwy (+/- 35,000 VPD) with direct access to the I-10 Fwy (5 miles away) boasting an average of ~110,000 vehicles per day. The site is perfectly positioned across from City Hall, Community Amphitheater, Coachella Valley Repertory Theatre and within a very short walk to Cathedral City Auto Center, Mary Pickford Theaters and the recently opened Agua Caliente Casino. Excellent Investor or Owner User Opportunity. A portion of the property (14,690 SF) is leased. This 14,690 SF facility was built in 1975 and is split into 10 separate units (currently Auto Repair/Body Shop units). Each unit comes with their own front office, with a total of Eleven (11) on the property. The property's zoning, a rarity in the Coachella Valley, allows for auto repair uses making this a highly desirable investment opportunity for investors. The secondary structure approximately 3,500 SF is available for any investor looking to fill the remaining space with a tenant or any owner user looking to occupy the site. This structure recently operated as a Lounge/Nightclub for a number of years, but may also be operated as a Restaurant, Retail, Lounge, Nightclub, or other Entertainment venue. The site provides easy access, unobstructed street front visibility, ample private parking and patio area with voluminous mountain views. Recent Renovations Include: Property had all HVAC systems replaced in 2018. Newly layered roof, entirely repainted and complete renovation of landscape in 2020. This 48,787 sqft parcel is situated off the main HWY 111 that services Palm Springs, Rancho Mirage, Indian Wells and Cathedral City. The surrounding area has seen tremendous retail, industrial, and population growth which is expected to continue for years to come. Phase 1 and 2 have already been completed by the owner, property is zoned M1 (Commercial Retail). Excellent opportunity to convert into a self storage facility or cannabis (located within a green zone, buyer to verify.) Assumable financing is available. Contact listing agent for showing instructions or for more details!

Opportunity knocks on this once in a lifetime investment opportunity on a prime Cathedral City busy street approved for Cannabis Cultivation and Distribution. With over 17,700 sqft of building sitting on 4.25 acres of land with completely redesigned architectural plans submitted to the city and waiting for approval. Multi purpose use if not interested in Cannabis. Ideal of apartments, senior housing, warehouse, retail (buyer to verity). Prior use was a lodge. Current building is a class B building with 16 Ft ceiling hight.

Located in the heart of Cathedral City this Industrial use building is in the 'Green' zone and welcomes a new owner.