19740 2,963 SF 100% Leased Retail Building Hayward, CA 94541 $1,744,900 CAD ($588.90 CAD/SF) 5.59% Cap Rate

Great Opportunity to own a restaurant commercial building in a well-maintained building. A lot of development is actively underway in the surrounding area.

Site A (Retail Space)
Site B (Japanese Restaurant W/Patio)

Freestanding corner building with great visibility
Large private parking lot
Perfect for owner/operator or investor

Owner does not have residential use now, but it may be applicable. The owner has received a letter from the city indicating the possibility of residential use. This could be a great opportunity for a potential buyer.
Mission Boulevard Corridor Improvement Project: The City of Hayward is enhancing Mission Blvd with infrastructure upgrades, improved pedestrian pathways, dedicated bike lanes, and aesthetic enhancements, boosting the area’s appeal and property values. A proposed multi-family residential project at 21659 Mission Blvd aims to add 45 units, increasing local population density and potential customer base. The South Hayward BART station area has seen significant residential growth, with 357 units completed in 2017 and plans for further development, enhancing accessibility and increasing foot traffic.