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414 Lesser

Oakland, CA 94601
  • $10,900,000
  • STATUS: Active
  • ON SITE: 368 Days
  • ID#: 41024455
$10,900,000
  • 0
    BEDS
  • 1.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 63,406
    SQFT
  • $172
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1966
County:
Area:

School Ratings & Info

Description

Now $10.9M | In Place 10.88% 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.

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Contra Costa Association of Realtors logo Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2024-04-19T16:56:06.11.

www.ccpropertyfinder.com/homes/138643881
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414 Lesser Oakland, CA 94601

  • Price: $10,900,000
  • Status: Active
  • On Site: 368 Days
  • ID#: 41024455
0
Beds
0
Baths
0
½ Baths
1.15
Acres
63,406
SQFT
$172
$/SQFT
1966
Built
Neighborhood:
Listing
County:
Alameda
Area:
Listing
Property Description
Now $10.9M | In Place 10.88% 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.
Exterior Features

Carport YN No Construction Materials BrickConcreteOther Garage YN Yes Lot Size Area 1.15 Parking Features AssignedEnclosedOther Parking Spaces Total 10 Roof Composition

Interior Features

Building Area Total 63406

Property Features

Age 58 Association YN No City Transfer Tax Yes For Sale Or Rent For Sale Lot Features Warehouse Point Of Sale Ordinance Yes Property Sub Type Comm Ind For Sale Special Listing Conditions Standard Zoning WH

Contra Costa Association of Realtors logo Listing courtesy of Joshua Keller of NAI Northern California: .


Contra Costa Association of Realtors logo Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2024-04-19T16:56:06.11.

 
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Blue Line Property Group
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