24985 Atwood Avenue
Moreno Valley, CA 92553

  • – beds
  • – baths
  • 25,265 sqft
  • ~1/2 acre lot
  • $29 per sqft
  • on site

Take this great opportunity to purchase a pre-operational cannabis retail storefront license with the property for only $750,000. The license has a CUP approval, and approved construction plans, so the buyer can begin tenant improvements quickly. To become operational, complete the development, and state licensing. The CUP approval calls for a 2,328 SF single story commercial property, with 22 parking spots. The property is located right off Perris Blvd, a major throughway in the city with strong traffic counts. The half-acre property is being priced at raw land value since the 1,100 SF single-family residence that was located on the property has burned down, and there are no existing structures on the property. Seller will work with the Buyer to finalize licensing, become operational, and transfer all licensing over seamlessly. Reach out to us for additional information including site plan and guidance on the licensing process. - Valuation Breakdown: - Property: $500,000 - Pre-operational Retail License: $250,000 - CUP Approved - Construction Plans are Approved - .58 Acre Lot - Zoned Commercial - Proposed Occupancy Mercantile - City has a simple cannabis licensing transfer process - Seller is Motivated – Bring all Offers!

bridgeMLS logo Listing courtesy of BRIDGE / WeCannCA, Inc

Last checked: Checking… • Last updated Mar 27, 2024 •

MLS# CRNP24060276 —

This property is listed in more than one place. See it here.

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Sale history

Date Event Source Price % Change
3/26/24
Listed / Active BRIDGE $750,000 76.5% (13.0% / YR)
5/10/18
CRMLS_CA $425,000
4/24/18
CRMLS_CA $425,000 49.1%

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$750,000

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Listing provided by broker:

Meilad Rafiei

WeCannCA, Inc

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This land located in Edgemont Gardens, Moreno Valley, CA 92553 is currently for sale for $750,000. 24985 Atwood Avenue is a 25,265 square foot land with – beds and – baths that has been on Estately for 29 days. 24985 Atwood Avenue is in the Edgemont Gardens neighborhood of Moreno Valley and has a WalkScore® of 71, making it very walkable. This land is in the attendance area of Ramona Elementary School, Sunnymead Middle School, and Moreno Valley High School.

bridgeMLS logo Listing courtesy of WeCannCA, Inc

bridgeMLS logo Listing Courtesy of: BRIDGE, data current as of 13:19 on Apr 24.

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