This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
966 B St
0.18 Acres of Commercial Land Offered at $2,695,000 in Hayward, CA 94541
Investment Highlights
- Approved Entitlements and Preliminary Plans
- Proximity of Downtown Hayward
- Proposed: 30 residential units and 1 commercial unit
- Located in an Opportunity Zone, three years into the ownership timelines
Property Facts
| Price | $2,695,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| Sale Conditions | Redevelopment Project | Total Lot Size | 0.18 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land |
| Price | $2,695,000 |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.18 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot 1
| Price | $2,695,000 | Lot Size | 0.18 AC |
| Price Per AC | $15,309,629 |
| Price | $2,695,000 |
| Price Per AC | $15,309,629 |
| Lot Size | 0.18 AC |
Description
Approved Entitlements and Preliminary Plans Located in an Opportunity Zone, three years into the ownership timelines Proposed: 30 residential units and 1 commercial unit Proposed: total billing square footage 43,672 sq. ft. Proposed: building height 71.5 feet, 6 stories This modern multifamily development has been approved by CITY OF HAYWARD PLANNING COMMISSION as of February of 2024 for 6-story mixed-use development. Preliminary plans approved for residential building with 30 residential apartment units and 1 commercial/retail unit on the ground floor. The project is located in an opportunity zone and is already three years into the ownership timelines. The high-end luxury residential building totals 43,672 square feet, including living space, ground parking, and common area roof top deck. The complex showcases a wide unit mix of one, two and three bedrooms. All major appliances (dishwashers, refrigerators, clothes washers and dryers, and water heaters) will be electricity-powered, and Energy Star certified. Of the 30 units, 27 will be market-rate units, and the remaining 3 units will be designated as affordable units for moderate low-income households, per the requirements of the Affordable Housing Ordinance set forth in HMC Chapter 10, Article 17. The building is centrally located in the Hayward Downtown area with its shopping, dining, and entertainment attractions. Short walking distance to Bart, Library, Cinema, shopping, and schools.
PROPERTY TAXES
| Parcel Number | 428-0056-057-00 | Improvements Assessment | $0 |
| Land Assessment | $1,366,045 | Total Assessment | $1,366,045 |
PROPERTY TAXES
zoning
| Zoning Code | DM (Downtown Main Street) |
| DM (Downtown Main Street) |
Presented by
966 B St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.