CannaMLS ID: 263993

Cannabis Cultivation Property for sale in Oakland , CA 94601

$15.4M Asking | 414 Lesser St. Oakland | 9.83% Cap | 82.5% Occupancy

Created  | Updated 

Price

$ 15,400,000

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. Sec

listing image

Property

  • Address: 414 Lesser St.

  • Property is: For sale

    The property may be available both for purchase or for lease. Contact listing author for details.

  • Property type: Agriculture, Industrial

  • Building size (sq ft): 63,406

Description

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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