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19895 Mission Blvd
Hayward, CA 94541
Mission & Harmony · Retail Property For Sale
Investment Highlights
- Great residential and commercial usage
- Mix usage permits for property (Ground floor retail/2nd floor residential)
Executive Summary
Overview:
Located in Hayward, this 0.43-acre property offers a unique investment opportunity. The site is designation as an Opportunity Zone, with eligibility for tax incentives. Zoned CMU-C, it is perfect for investors looking to capitalize on mixed commercial and residential development.
Key Features:
Size: 0.43 acres, totaling 22,878 square feet.
Current Use: Well-established car lot on a four year lease.
Development Potential: This property is excellent for redeveloping mixed-use projects that align with Hayward's growing demand for versatile living and business spaces.
Location Benefits: Situated in Hayward, a city known for its strategic location in the San Francisco Bay Area, robust infrastructure, and growing economy, The area is renowned for its supportive business environment and is home to a diverse, skilled workforce.
Financial Highlights:
A lucrative opportunity for long-term growth and returns, particularly appealing to those looking to contribute to the economic and community development of Hayward.
Located in Hayward, this 0.43-acre property offers a unique investment opportunity. The site is designation as an Opportunity Zone, with eligibility for tax incentives. Zoned CMU-C, it is perfect for investors looking to capitalize on mixed commercial and residential development.
Key Features:
Size: 0.43 acres, totaling 22,878 square feet.
Current Use: Well-established car lot on a four year lease.
Development Potential: This property is excellent for redeveloping mixed-use projects that align with Hayward's growing demand for versatile living and business spaces.
Location Benefits: Situated in Hayward, a city known for its strategic location in the San Francisco Bay Area, robust infrastructure, and growing economy, The area is renowned for its supportive business environment and is home to a diverse, skilled workforce.
Financial Highlights:
A lucrative opportunity for long-term growth and returns, particularly appealing to those looking to contribute to the economic and community development of Hayward.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
22,878 SF
Building Class
C
Year Built
1960
Price
$3,071,464 CAD
Price Per SF
$134.25 CAD
Cap Rate
6%
NOI
$184,288 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.00
Lot Size
0.53 AC
Opportunity Zone
Yes
Zoning
CMU-C - CMU-C, allowing for a diverse range of commercial and residential developments.
Parking
45 Spaces (1.97 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $539,910 CAD | Total Assessment | $539,910 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$539,910 CAD
Improvements Assessment
$0 CAD
Total Assessment
$539,910 CAD
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