24985 Atwood Avenue, Moreno Valley
Moreno Valley Home For Sale
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!
Property Details
Additional Information
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- City:
- Moreno Valley
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- County:
- Riverside
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- Zip:
- 92553
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- MLS® #:
- NP24060276
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- Lot Size:
- 0.58
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- HOA Dues:
- $
Based on information from California Regional Multiple Listing Service, Inc. as of April 28th, 2024 at 5:40am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.