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$4,500,000

Est. payment - /mo

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3.24 Acres Lot

Active

410 E Olive ST San Marcos, CA 92069

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

10/31/2024 03:49 AM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 23299731

HOA Y/N No

Lot Size 3.240 Acres

Property Description

Orchid Greenhouse is a fully functional and in well maintained condition. Property is currently used for Orchid flower production. The property is zoned Agricultural and has 4 permitted greenhouses. This property to be sold together with Fully Set Up only One in So. CA "Orchid" downtown flower business. Asking Price is $4.5MM (both business/real estate) including $1.3 MM inventory. Flora Caly was founded in the Flower District of DTLA about 20 years ago. Flower Clay is located at 766 San Julian Street, Los Angeles, CA 90014, and the Orchid Greenhouse is in San Marcos, CA. Flora Clay imports a baby orchid from Taiwan, cultivates it, and produces a commercial orchid in 6 months. Then, deliver them to DTLA and San Diego area. Flora Clay is the only "Orchid" supplier in Southern California, and there is still room for growth. The founder is planning to retire. DTLA's gross sales approximately $2.3MM in the first six months, while San Marco's is around $1.1MM. The second half of the year is often busier with larger gross revenues. DTLA has 13 employees/San Marcos has 11 employees. Flora Clay has been supplying orchids to two consignments in the Flower District of DTLA on monthly basis for the last 17 years.

Location

State CA

County San Diego

Area 92069 - San Marcos

Zoning A70

Interior

Fireplace No

Exterior

Utilities Available Electricity Available

Building

Lot Description Agricultural, Orchard(s)

Others

Tax ID 1820761900

Financing Cash

Special Listing Condition Standard

Listed by Ch. (Linda) Tumen • One Properties

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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