$10,922,000

2586 Shenandoah Way

San Bernardino CA, 92407

Description

I am proud to present to you one of the only warehouses located in the City of San Bernardino on the market approved by Measure O for cannabis related businesses! This property is located in the M-B 1 overlay. According to the City of San Bernardino, M-B Overlay 1 permits the following license types: Cultivation, Manufacturing, Testing, Transportation and Distribution under Section 19.420.040 B Table 1. This property is a freestanding industrial building situated on 4.75 acres. The property is equipped with 1600 amps, 277/480 volts of electricity. The property has 4,400 sq/ft of office space. There is 144' truck loading area, which includes 4 dock-high doors and levelers and 7 ground-low doors. The property is completely fenced and has a shared access easement with the warehouse to the West. This easement has a secure electronic gate, however it is not currently in use. This warehouse currently has 40,000 sq/ft of available space that could be used for any of the cannabis uses provided above. **CURRENT TENANTS MUST BE INCLUDED IN THE PURCHASE OF THE PROPERTY AND MUST BE GIVEN A RENEWED LONG-TERM LEASE** The property will have a $22,000,000.00 biodigestor install by the end of 2018. This biodigestor will generate around 1 megawatt of electricity per hour, enough to power 3500 residential homes. The biodigestor will also produce both solid and liquid fertilizer.

Details

MLS#486173
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusPending
Year1984
Days On Site355

Features

SQ Feet63,500
Story(s)1
Units1
ZoningIndustrial

Market Activity 92407

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Area Information
StateCA
CountySan Bernardino
CitySan Bernardino
Zip Code92407
AreaCalifornia
Listing VS Median (in 92407)
Price:
$10,922,000
low | high
Med:
$426,000
100% of Average
SqFt:
63,500
low | high
Med:
1,887
100% of Average
$ / SqFt:
$172
low | high
Med:
$238
11.908082683885% of Average
On Site:
355
low | high
Med:
22.5
100% of Average
Listing Updated: 09/28/2020
Zachary E Burgnon LogoMLS Number: 486173
Listing Provided By:
Zachary E Burgnon  of  Agio Real Estate Inc. AV

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