Multifamily Property for Sale in Salinas, CA

  • Price: $8.9M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Salinas, CA 93908
  • Size: 504,316 SF
  • Year built: 1985

Description

23820 & 23940 Potter Road Salinas, CA 93908 Riverview Farms is a 22.3 acre, two parcel cannabis cultivation operation in Monterey County;s agricultral corridor. The facility is comprosed of over 483,000 SqFt of greenhouse, 15,700 ± SqFt of processing and distribution infastructure and two single family homes. Totaling 504,000 ± SqFt of building space. Each parcel is indepedently served by its own agricultural well, water storage, processing center and residence. Cannabis cultivation operation. 39 active DCC licenses across both parcel authorizes full spectrum of cannabis cultivation, processing and disctribution operation. Property 1 (23820 Potter Rd) is 10.6 acres and is purely for flower cultivation with a single family residence and onsite drying facility. Property 2 (23940 Potter Rd) contains the nursery, processing facility, soil steamer, single family residence, and additional flowering greenhouses. Building SF: 504316 | Land Size: 22.85 Ac | Year Built: 1985 | Listing Type: FOR SALE

Market Context

This multifamily in Salinas, CA is listed for sale at $8,950,000 across 504,316 SF. The building dates to 1985. It has been on the market for 23 days. Compare it against other multifamily listings for sale in Salinas, CA — <a href="/search/sale/multifamily/california/salinas">view the full market</a>.

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