Oakland, CA 94601
- $15,400,000
- List Price
- $15,400,000
- Price Change
- ▼ $500,000 1691712734
- Status
- ACTIVE
- MLS#
- 41024455
- Year Built
- 1966
- Acres
- 1.15
- Days on Market
- 170
- Property Type
- Commercial
Property Description
Now $15.4M | Priced Below Replacement Cost | 414 Lesser St. Oakland | Currently at 82.5% Occupancy This is a stabilized asset with large upside. In Place solid ROI at 82.5% occupancy 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. Onsite 24-hr security & surveillance cameras, 2" water supply. Instant access to I-880 Freeway & Port of Oakland. Heavy power (3,000 amps @ 277/480 Volts)
Additional Information
- Taxes
- $149,061
- Exterior Construction
- Brick, Concrete, See Remarks
- Roof
- Composition
- Attached Structure
- Detached
- Operating Expense
- 510000
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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.