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Miami, Arizona
Asking Price: $820,000
Type: Processing, Cultivation, Retail Eligible
Size: 39,635 sqft.
- Full description below -
Type: Processing, Cultivation, Retail Eligible
Size: 39,635 sqft.
- Full description below -
More Details
Miami, Arizona
🌟 Investment Highlights 🌟
🏢 Town of Miami Approved Cannabis Portfolio!
- Approval: Town of Miami has given the green light for processing, growing, and retail of agricultural marijuana.
- Strategic Location: 5 neighboring buildings on Live Oak St (Hwy 60), offering prime visibility.
💰 Priced to Impress!
- Pricing: An attractive $15/SF, a remarkable deal compared to comps selling at $45-150/SF.
- Open Plan: Every floor boasts an open plan featuring maple floors and exposed brick.
📑 Executive Summary
- Portfolio Sale: Offering a portfolio of 5 buildings at $820,000 with a total land area of approximately 2 acres on Hwy 60.
- Future Expansion: 3 buildings to be taken down to slab, creating space for additional parking.
- Upgrades Included: New ceiling tiles, A/C units, 3 Phase Transformer, glass door fronts, and office partitions included.
- Asbestos Cleared: Property has been tested and cleared for asbestos.
🏢 Property Overview
- Price: $820,000
- Rentable Building Area: 39,635 SF
- Price Per SF: $21
- No. Stories: 4
- Sale Type: Investment or Owner User
- Year Built/Renovated: 1915/2015
- Tenancy: Single
- Property Type: Industrial
- Parking Ratio: 0.25/1,000 SF
- Property Subtype: Warehouse
- Building Class: C
- Opportunity Zone: Yes
- Lot Size: 2.00 AC
🌐 Amenities
- Atrium
- Conferencing Facility
- Front Loading
- Raised Floor
- Signage
- Shallow Bay
- Reception
- Roof Terrace
- Storage Space
- Fluorescent Lighting
- Air Conditioning
🏡 About This Property
- Portfolio Sale: Nearly a full acre of interior square footage, part of the portfolio sale.
- Certification: Town of Miami has certified the suitability for processing, growing, and retail of agricultural marijuana.
- Upgrades Included: Significant upgrades planned, offering modern amenities.
- Asbestos Cleared: Property has been tested and cleared for asbestos, ensuring a clean and safe environment.
Offered exclusively by Licensed Agent/Broker
Listing # 1035