For Sale
$1,150,000

2495 Progress DrRedding, CA 96001

Approved Cannabis Facility - Investment Opportunity

Overview

Added:
Feb 3
Days on market:
60
This exceptional 7,750 square foot warehouse in Redding, CA, presents a rare opportunity to acquire a fully city and state-approved cannabis cultivation facility. The property is located at 2495 Progress Drive and boasts pre-approved plans, contractor bids, and established key contacts, streamlining the transition to operational status. Significant groundwork has already been completed, including the installation of DPS-paneled rooms and comprehensive electrical upgrades. These upgrades encompass a new switchgear box and electrical panels, representing substantial cost and time savings for the new owner. The property's existing infrastructure significantly reduces the hurdles typically associated with establishing a cultivation operation. Beyond its immediate suitability for cannabis cultivation, this property offers compelling investment potential. Its adaptable design and established infrastructure make it an attractive option for lease, promising a consistent stream of rental income. The property sits on a 0-acre lot and is priced at $1,150,000. This turnkey solution presents a unique opportunity for both experienced cultivators and savvy investors seeking a high-return asset in a thriving market. The property's pre-approved status and completed infrastructure minimize risk and accelerate the path to profitability.

Property Details for 2495 Progress Dr

Property type
Square Feet
7,750 SF
Year Built
2006

Location Insight

City
Redding
County
Shasta
State
California
Latitude
40.55584
Longitude
-122.3838
2495 Progress Dr, Redding, California

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2495 Progress Dr
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