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Executive Summary

Prime commercial investment opportunity featuring two adjoining parcels zoned District Commercial in a high-visibility location next to a shopping strip and directly across from Walmart. The first parcel (15548) - features offices/rooms, 2 baths office/retail building, currently used as a kitchen and bathroom showroom with storage. The second parcel (15540 & 15542) - includes a 3/2 baths single-family home in front and a rear structure with two 1/1 baths units. Excellent income potential with strong redevelopment upside. District Commercial zoning allows a wide range of uses including retail, office, coffee shop, art studio, medical services, personal services, daycare, and more. Potential to develop up to a 5-story (approx. 75 ft) building with Conditional Use Permit. Value primarily in the land. Opportunity for investors with huge options for development. Interested party to verify development possibilities with Alameda County Planning Department.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,385 SF
Building Class
C
Year Built
1958
Price
$2,900,520 CAD
Price Per SF
$856.87 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,385 SF
Building FAR
0.27
Lot Size
0.29 AC
Opportunity Zone
Yes
Zoning
DC
Parking
5 Spaces (2.22 Spaces per 1,000 SF Leased)
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
413-0011-012-01
Land Assessment
$392,890 CAD
Improvements Assessment
$589,335 CAD
Total Assessment
$982,225 CAD
  • Listing ID: 39907421

  • Date on Market: 2026-03-25

  • Last Updated:

  • Address: 15540 Hesperian Blvd, Ashland, CA 94580

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