Oakland, CA 94601

$10,900,000
List Price
$10,900,000
Price Change
▼ $3,000,000 1707908994
Status
ACTIVE
MLS#
41024455
Year Built
1966
Lot Size
50,094
Acres
1.15
Days on Market
312
Property Type
Commercial

Property Description

Now $10.9M | In Place 12.3% Cap at current 80.5% occupancy | Priced Below Replacement Cost | $172/SF | Proven income for years | Clear upside by filling the vacant warehouse space. This is a stabilized asset with large upside. In Place solid ROI and growing. Very strong and stable upside. Highly Desirable Location for Cannabis Tenants. Secure building. Easy Freeway Access. Just Minutes Away from Dispensaries. D-ce-6 Central Estuary District Industrial Zone - 6: This Zone Allows Industrial and Manufacturing Uses, Transportation Facilities, Warehousing and Distribution, and Similar Related Supporting Uses. Cannabis Related Business Include: Type 7 Volatile Substances, Type 6 Non-volatile Substances, Cultivation, Manufacturing, Commercial Kitchen, Laboratory, Co-packing, and Delivery-only Dispensary.

Additional Information

Taxes
$149,061
Cooling
Yes
Exterior Construction
Brick, Concrete, See Remarks
Roof
Composition
Attached Structure
Detached
Operating Expense
510000

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Joshua Keller (jkeller@nainorcal.com) from Listing Office: NAI Northern California.

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.