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Restaurant/Grocery Store/Hair Salon/Office 344 A St 21,239 SF 100% Leased Retail Building Hayward, CA 94541 $5,428,577 CAD ($255.59 CAD/SF) 3.80% Cap Rate

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EXECUTIVE SUMMARY

This is a unique investment opportunity to acquire a package of 3 income generating parcels.
The first parcel features a 3,000 sq ft retail building on a 10,476 sq ft lot, offering substantial space for various business ventures. It also includes solar panels (leased).
PLEASE NOTE: The Grocery store BUSINESS operating under LA Tri-Color Supermarket is also for sale separately. that business comes with Storage containers, 3 walk in coolers, storage shed, a 10x10 freezer, all inventory inside, a forklift and pick up truck is all negotiable.
The second parcel boasts a 5,472 sq ft lot, adding flexibility and value to this offering. The third parcel a 1,874 sq ft restaurant building siting on a 5,291 sq ft lot, ideal for restaurant or retail purposes. PLEASE NOTE: Everything inside the restaurant belongs to the tenant. The third parcel also includes a building-currently housing an Office and a Hair Salon. Total of 24 parking spaces on site. All properties are currently leased and generating rental income, making this an excellent opportunity for both investors and business owners seeking a property with an existing income stream. The central, high-traffic location ensures maximum visibility and accessibility, offering endless potential for future growth.
Don't miss out on this investment opportunity!

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
21,239 SF
Building Class
C
Year Built
1966
Price
$5,428,577 CAD
Price Per SF
$255.59 CAD
Cap Rate
3.80%
NOI
$206,038 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.00
Lot Size
0.49 AC
Zoning
CMX - Commercial mixed use
Parking
19 Spaces (0.89 Spaces per 1,000 SF Leased)

AMENITIES

  • Air Conditioning
Walk Score®
Very Walkable (78)
Bike Score®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Peet's Coffee
Starbucks
Lucky
U.S. Bank
Erik's Delicafe'
The Habit Burger Grill
Chase Bank
Safeway
Bank of Montreal
Citi

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 431-0012-048-04
  • 431-0012-047-00
  • 431-0012-108-03
Land Assessment
$1,248,194 CAD
Improvements Assessment
$1,440,222 CAD
Total Assessment
$2,688,416 CAD
  • Listing ID: 33718938

  • Date on Market: 2024-11-01

  • Last Updated:

  • Address: 344 A St, Hayward, CA 94541

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