Active
414 Lesser
Oakland CA, 94601
$15,400,000
$242.88 per sqft
Active
63,406 sqft
Commercial
Built in 1966
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)
41024455
MLSⓇ ID
April 17, 2023
Listed
November 12, 2023
Updated
Map
414 Lesser
Oakland CA, 94601
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
1.15 acres
Lot Features
Warehouse
Roof
Composition
Other Property Details
Area Name
Oakland Zip Code 94601
Garage
Yes
Parking
Assigned, Enclosed, Other
View
No
County
Alameda
Pool
No
Zoning
WH
Buyer Agency Compensation
1.5%
Courtesy of Joshua Keller with NAI Northern California
Listing Contact:
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