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

Garage

Yes


Parking

Assigned, Enclosed, Other


View

No


County

Alameda


Pool

No


Buyer Agency Compensation

1.5%

Courtesy of Joshua Keller with NAI Northern California
Listing Contact:  

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