CannaMLS ID: 261423
Marijuana Facility for sale in Oakland, CA 94601
61,500 SF Cannabis Industrial Building for Sale in Oakland, CA
Created | Updated
Price
$ 22,078,491
414-420 Lesser St, Oakland, CA 61,500 SF multi-tenant industrial building Stabilized investment Highly desirable location for cannabis tenants Easy f
- Property
- Licenses
- General
Property
Address: 414-420 Lesser St
Property is: For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Mixed use
Purchase price: $ 22,078,491
Building size (sq ft): 61,500
414-420 Lesser St, Oakland, CA
61,500 SF multi-tenant industrial building
Stabilized investment
Highly desirable location for cannabis tenants
Easy freeway access
Just minutes away from dispensaries
Onsite analytical lab, distributors & delivery
Collaborative, recently renovated coworking areas & restrooms
All tenants are cannabis businesses
2″ water supply
Heavy power (3,000 amps @ 277/480 Volts)
Onsite 24-hr security & surveillance cameras
Easy access to SF/Bay Bridge & Oakland International Airport
Instant access to I-880 Freeway & Port of Oakland
4 dock loading positions & 4 grade-level doors
Property-managed facility
ZONING – GREEN ZONE APPROVED: 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 businesses include Type 7 Volatile substances, Type 6 Non-Volatile substances, cultivation, manufacturing, commercial kitchen, laboratory, co-packing, and delivery-only dispensary.
Total Income: $1,931,868
Earnings Before Taxes: $1,489,725
Cash-On-Cash Return: 9.27%
Asking Price: $22,078,491
- Property
- Licenses
- General
Property
Address: 414-420 Lesser St
Property is: For sale
The property may be available both for purchase or for lease. Contact listing author for details.
Property type: Mixed use
Purchase price: $ 22,078,491
Building size (sq ft): 61,500
