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27795 Mission Blvd
Hayward, CA 94544

Retail Property For Sale

EXECUTIVE SUMMARY

SELLER FINANCING NOW AVAILABLE
Contact Diego Labutay for terms
diego.labutay@corcoranicon.com
(650) 281-8877
Corcoran Icon Properties, as the exclusive advisor, is pleased to present the opportunity to acquire 27795 Mission Blvd, Hayward CA. The land consists of approximately 600 square feet of building on a 19,925 square-foot lot (0.46 Acres). The current tenant is Car Bazaar, a local car dealership with one other location in Fremont. The property features excellent visibility and is located in a commercial hub featuring a mix of businesses, shops, restaurants, and multi-family dwellings. It has easy access to public transportation with various new developments nearby. Downtown Hayward is about 8 minutes away from the property.
This offering gives buyers significant upside potential for future or immediate development with very flexible zoning.
Hayward, California, stands out as a culturally diverse city with a rich tapestry of communities and ethnicities. Strategically located in the Bay Area, Hayward serves as a significant economic hub with a diverse range of industries. The city offers residents and visitors ample green spaces, historical landmarks, and a calendar filled with cultural events, fostering a strong sense of community. With convenient access to major transportation routes, including BART, and a reputation for relatively affordable housing, Hayward provides a well-rounded living experience that balances economic opportunity with recreational and cultural amenities.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
1,500 SF
Building Class
C
Year Built
1964
Price
$1,695,000
Price Per SF
$1,130
Cap Rate
5.25%
NOI
$89,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.45 AC
Zoning
MB-CC - Mission Boulevard - Corridor Center
Parking
75 Spaces (10 Spaces per 1,000 SF Leased)

AMENITIES

  • Pylon Sign

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
452-0068-024-03
Land Assessment
$955,080
Improvements Assessment
$159,180
Total Assessment
$1,114,260
  • Listing ID: 32935863

  • Date on Market: 8/23/2024

  • Last Updated:

  • Address: 27795 Mission Blvd, Hayward, CA 94544

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