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Price : $1,398,888
Listing Type : Retail
Status : ACTIVE
Size : 3370
Company Name : Infinity Investments
Phone : 5108797542

The Telegraph Retail Condos are comprised of 3 Commercial Condominiums totaling 3,370 sq.ft. The property is 100% occupied, one tenant occupies 2 Units, the other unit has a Lease pending to a Mobile Cannabis Dispensary.  The Dispensary space is currently occupied by a Real Estate office and includes 2 Private Offices, 1 Conference Room, ADA Bathroom and partial Kitchen.  The property is located in the prime Uptown/Kono Neighborhood, close to several new housing developments, restaurants, bars, BART, and Highways 980, 24, 580 & 880. The site boasts a 97 Walk score, 77 Transit Score, and a 96 Bike score and is properly Zoned for Cannabis operations.  The lease in place and the lease that’s pending generates 6.2% Capitalization Rate which is stellar in today’s current market, especially for Downtown Oakland.  

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