530 Water St Oakland, CA 94607
- Commercial real estate
Current Use by Public Records
- Covered California Certified Agent / Health Insurance Agency
- Port of Oakland / Port Authority
- Rocky’s Hot Dog Stand / Hot Dog Stand
- Covered California Certified Agent - Kym Hopwood / Insurance Agency
- GSC Enterprises, Inc. - Logistics Company / Logistics Service / Container Service
Property Details for 530 Water St
- Property type
- Commercial real estate
Description
This turnkey cannabis microbusiness in Oakland, CA, presents a unique investment opportunity. Located at 530 Water St, Oakland, CA 94607, this 1200 sq ft space boasts a general license (not Social Equity), offering distribution, manufacturing, and delivery capabilities. Launched in late 2023, the business has already generated $419,000 in gross revenue (January-mid July 2024). The asking price is $125,000 (seller open to offers with $75,000 down payment). A long-term lease is in place ($4,634 + NNN per month) with 2 years remaining and a 5-year option. The business includes a $50,000 wholesale inventory, a Blaze POS system, and three employees. Significant capital ($300,000) has been invested in permits and a high-quality buildout, featuring a 9-foot ceiling height and four rooms (including an office and license storage). The business holds a Retailer Non-Storefront license (allowing sales and delivery within California's logistical reach), a Manufacturing license (for cannabis product infusion), and a Distribution license (for medical cannabis and products). This fully operational business is situated in a safe Oakland building and represents a low-cost entry point for expansion into the Bay Area market. A non-disclosure agreement and proof of financials are required before further details are released.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Alameda
- State
- California
- Longitude
- -122.279
- Latitude
- 37.7956
