$1,100,000
Petrolia, CA 95558
MLS# 257505
Status: Sold
2940 sqft
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Property Description
Permitted Commercial Cannabis Opportunity. Cultivation, Processing and Distribution currently permitted. Ideal location to operate 10,000 sqft mixed light Cultivation, Community Cannabis Processing and Distribution Business. and manufacturing also principal permitted use(no current manufacturing permit).Iconic Yellow Rose building, land, and cannabis permits included in sale. 2015 major interior and exterior renovation(structural & cosmetic -roof, plumbing, electrical) including ADA parking and bathrooms, commercial kitchen, walk in cooler, ice maker, hot water heater, office space, bar and large open restaurant space. 2 wells, 200 amp PGE, security system, septic, propane. Idyllic location on the banks of the North Fork of the Mattole.
Details
Documents
Listing Information
Status: Sold
List Date: 2020-09-30
List Price: $1,250,000
Current Price: $1,100,000
Sold Date: 2021-04-06
Sold Price: $1,100,000
Property Description
Type of Property: Commercial
Realtor.com Type: Commercial
Construction Status: Existing
Main House SqFt: 2940
Lot Size: 5 - 9.99 Acres
Lot Acres: 5.08
Flood Zone: No
Surveyed: No
List Price/SqFt: 425.17
Sold Price/SqFt: 374.14
Location, Legal and Taxes
Area: South County
House Number: 28671
Street Name: Mattole
Street Suffix: Road
Sub-Area: Petrolia
State: CA
Zip Code: 95558
Cross Street: North Fork Road
APN: 105-151-001
Directions and Remarks
Directions: Located just west of Petrolia on Mattole Road at the intersection of Mattole Road and North Fork Road
Building Description
Year Built: 1976
Total Baths: 2
Baths - Handicap Acc: Yes
# Units: 1
Basement: None
Condition: Excellent
Historic Registry: No
Square Footages
Total Building SqFt: 2940
Business
Business Description: Cannabis Permits
Real Estate Included: Yes
Equip Included: Kitchen/Bar
License Included: Distribution&Process
Fixtures Incl: Yes
Property Features
Zoning: Commercial; Agricultural
Type of Use: Dist. Facility; Other-Spec in Remark
Existing Use: None
Location: Rural
Foundation: Slab
Construction: Wood Frame
Siding: Wood
Roof: Composition Shingle; Membrane
Insulation: Dual Pane Window; Partially Insulated
Parking: Over 20 Spaces
Exterior Amenities: Major Road Access
Utilities: 220 Volt; Circuit Breaker; Electric; Propane; Telephone
Heating: Forced Air; Propane
Cooling: Air Conditioning
Interior Amenities: Fire Sprinkler; Handicap Access; Security System
Flooring: Concrete
Sale Includes: Land & Building; Other-Spec in Remark
Possession: At Close of Escrow
Financing Terms: Cash; Owner Carry 1st
Documents: Other - Public
Supplements
Proposed Manufacturing and Mixed Light Cultivation Operations Plans combined with Processing and Distribution in documents. Buyer will have to pursue the Manufacturing and Cultivation permits. Seller states Cultivation was down to Fish and Wildlife 1600 permit. Manufacturing non volatile should be a good fit for this property with the existing commercial kitchen. Volatile manufacturing is more complex. Assessor Parcel Map and GIS maps are incorrect. Fisch Well Drilling has all well log information. Water filter system in place to pass State drinking water requirements for public consumption. Business idea-Lease processing building to individual farmers who need off site processing or run crew yourself. Fence with automatic gate and asphalt needed for compliance. Perfect California Cannabis Micro License project. Fidelity Title Report presale coming.
Disclosures-Public Listing Office: Humboldt Equity, Inc.
Office Phone: 707-682-8100
Office Email: matt@humboldtequity.com
Listing Agent: Matt Allen
Agent Phone: 707-498-3063
Agent Email: matt@humboldtequity.com
Last Updated: May - 22 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Based on information from the Humboldt Association of REALTORS® (alternatively, from the Humboldt MS), as of (date the AOR/MLS data was obtained on .) All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be verified by broker for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2020 (year) Humboldt Association of Realtors®. All rights reserved.
Broker Attribution:
Mattallen707@gmail.com
