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$10,900,000
0 Sqft
50,094 Sqft lot

Oakland, California 94601

  • Commercial Sale Property Type
  • 394 Days Time on market
  • 1966 Year Built
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.

Basic Details
Commercial Sale
Buy
41024455
$10,900,000
0 Sqft
1966
50,094 Sqft
Active
Condos/Co-ops
Features
10
$0
: Composition
Address
CA
Alameda
Oakland
94601
0
W123° 46' 48.6''
N37° 45' 46.3''
Additional Information
394
0
1
0 Sqft
0 Sqft
0 Sqft
1.15 Sqft
1.15 Sqft
0 Sqft
WH
$149,061
$0
$0
$0
$0
$0
0 Sqft
0 Sqft
$0
1
17/04/2023 15:42:10
$13,900,000
Tidewater to Lesser Cross Street: Tidewater.
Destrahan
Harry Hurst
NAI Northern California
Joshua Keller
BMLS-OBOJMTB
BMLS-R02187126
$0
: Brick, Concrete, See Remarks
358
1
1
17/05/2023 02:22:39
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