CannaMLS ID: 10050

Cannabis Business 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

listing image

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

Contact Seller

Report a problem

Your session has expired. Please log back in to use the features that require an account such as posting listings and messaging.