Listing provided courtesy of Joshua Keller of NAI Northern California. Last updated 2024-05-13 08:21:24.000000. Listing information © 2023 CRMLS.

Asking Price: $10,900,000

414 Lesser, Oakland CA 94601

Community: ​

Status: Active

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This property was built in 1966 and is priced at $10,900,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: 371259043
  • Type:
  • Year Built: 1966
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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424-345-1600