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Commercial: MLS #41024455 Oakland, CA $ 10,900,000
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$ 10,900,000 Get more info
Commercial: MLS #41024455
$ 10,900,000
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Share Save

Commercial: MLS #41024455

Oakland, CA, 94601
$ 10,900,000
Baths0.0 Sq 63,406

Monthly Estimate*

$ 72,445

MLS #/Web ID: 41024455 - Image 1
MLS #/Web ID: 41024455 - Image 2
MLS #/Web ID: 41024455 - Image 3
MLS #/Web ID: 41024455 - Image 4
MLS #/Web ID: 41024455 - Image 5
MLS #/Web ID: 41024455 - Image 6
MLS #/Web ID: 41024455 - Image 7
Studio

Commercial Property for sale in Oakland, CA

for $10,900,000. This 63,406 square foot building was built in 1966 on a lot size of 1.14784.

Now $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.

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Commercial Active

Price

$ 10,900,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Comm Ind For Sale

Lot Size

1.14784

Year Built

1966

Town/City

Oakland

County/Region

Alameda

MLS | Web ID

41024455
Features
General
Roof Rolled/Hot Mop
Zoning WH
Construction Materials Brick Concrete Other
Year Built 1966
Property SubType Comm Ind For Sale
County Alameda
Property Type Commercial Sale
HOA / Comm Assn Y
Garage Y/N Yes
Status Active
Directions Tidewater to Lesser
MLS Area Listing
Lot Size Square Feet 50000
Standard Status Active
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Exterior
Parking Features Assigned Enclosed Other
Lot Features Warehouse
Lot Size Area 1.15
Lot Size Acres 1.15
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* Excluded Features
List By
Joshua Keller

Listing Agent

Nai Northern California

Broker

jkeller@nainorcal.com

Email

Affordability Calculator

$72,445
Per Month
100%
0%
0%
Monthly Principal & Interest
$72,445
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
806588 Elementary School
806593 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/14/2024$10,900,000 -21.58% Price Down
1/2/2024$13,900,000 -9.74% Price Down
8/10/2023$15,400,000 -3.14% Price Down
6/13/2023$15,900,000 -11.17% Price Down
5/18/2023$17,900,000 -5.29% Price Down
4/18/2023$18,900,000 Listed Price

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