Industrial Warehouse & Cooler building with Approved CUP Commercial Cannabis Processing, Retail Delivery, & Cultivation Use · Industrial Property For Sale

32,000sf Warehouse House and Cold Storage with 3 open acres. Facility is on three parcels. Zoned M2. Former USDA food processing facility with existing cold storage rooms, heavy air conditioning, high ceilings and heavy power (2500a 3 phase power at 480v). 20′ ceiling height. City water to the property, sewer at the fence line. Also includes finished basement not included in assessed square footage. 5 acres of total land on 3 APNs which provides ample land to construct additional buildings or put greenhouses on site. City of Arvin has adopted an ordinance allowing indoor marijuana cultivation, manufacturing and greenhouse cultivation as well (buyer to verify use and zoning). The majority of the properties in Arvin that are zoned appropriately for cannabis use are raw, vacant land, this is one of the few that has existing structures and is definitely the premier building in Arvin for the use.
Proposed fee structure from the city is as such:
Nursery/Cultivation $6 per square foot under canopy with 100% artificial light
$4 per square foot under canopy with mixed light
Testing – 2% of gross receipts
Manufacturing – 6% of gross receipts for the first $2,500,000
3.75% for the next $7,500,000
2.80% for anything above that
Distribution – 2%
Retail delivery (non store-front) 3.75%
See full listing: https://www.loopnet.com/Listing/26944264