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2886 Grove Way Castro Valley 2 Properties Offered at $3,920,517 CAD in Castro Valley, CA

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EXECUTIVE SUMMARY

First Time on Market. The property consists of two buildings totaling 12,054+/- sq. ft. situated on a 29,400 sq. ft. site with 150 ft of street frontage. The concrete block improvements were constructed in 1975 and includes a front building of 4,554 +/- sq. ft. (presently used as a tire store); space consists of 2,466 +/- sq. ft. of showroom/office area and a service/garage area of 2,088 +/- sq .ft. served by two roll-up doors. The rear service building of 7,500-/+ sq. ft. is evenly divided between two tenants (masonry company and tire store warehouse) however could potentially be divided into 4 spaces. There are four 12'x12' roll-up doors serving this building with an interior truss height of 15'+/- feet.
Presently rented to 2 long term tenants, month to month terms, below market rents. The front building is ideal for an owner/user and the rear building, while separated into two units, can be configured into four units 1,875+/- sq. ft. each.
The property is located in Unincorporated Alameda County, the properties on Grove Way advertise a Castro Valley address whereas property tax records show Hayward. Grove Way is a busy arterial street serving the area, 1-580 is less than a half mile to the northeast.

PROPERTY FACTS

Price $3,920,517 CAD
Price / SF $312.59 CAD / SF
Sale Type Investment or Owner User
Status Under Contract
Number of Properties 2
Individually For Sale 0
Total Building Size 12,542 SF
Total Land Area 1.35 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
2882 Grove Way, Castro Valley, CA 94546 Industrial 7,988 SF 1978 -
2896 Grove Way, Castro Valley, CA 94546 Retail 4,554 SF 1975 -
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  • Listing ID: 38228539

  • Date on Market: 2025-10-27

  • Last Updated:

  • Address: 2886 Grove Way Castro Valley, Castro Valley, CA

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