$10,900,000
N/A, Oakland 94601
50,094
Lot Size
Listing Agent
Joshua Keller - NAI Northern CaliforniaNow $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.
Facts & Features
| MLS® # | 41024455 |
|---|---|
| Price | $10,900,000 |
| Bathrooms | 0.00 |
| Lot Size | 50,094 |
| Year Built | 1966 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | N/A |
|---|---|
| City | Oakland |
| County | Alameda |
| Zip Code | 94601 |
Amenities
| Parking Spaces | 10 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
Exterior
| Exterior | Brick, Concrete, See Remarks |
|---|---|
| Roof | Composition |
| Construction | Brick, Concrete, See Remarks |
Additional Information
| Date Listed | April 17th, 2023 |
|---|---|
| Days on Market | 381 |
| Zoning | WH |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Joshua Keller |
|---|---|
| Office | NAI Northern California |