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27415262
27415263

22531 Main St, Hayward, CA 94541

PM
CA CA 00795784
MTC Commercial  Real Estate
MT
CA 00688066
MTC Commercial  Real Estate
Listed by MTC Commercial Real Estate
$699,000
239 days on market
Updated 27 days ago
Opportunity zone

5 Service/Retail Units

Details
APN 428-56-54-3
Property Type Retail
Sub Type Storefront
Square Footage 2,455
Units 5
Occupancy 100%
Tenancy Multi
Lease Type Modified
Lease Options None
Pro-Forma Cap Rate 6.07%
Pro-Forma NOI $42,398
Broker Co-Op Yes
Year Built 1966
Buildings 1
Stories 1
Lot Size (SqFt) 3,349
Zoning DT-MS Downtown Main Street
Ground Lease No

Retail | 2,455 SqFt

Marketing description

Five-unit retail/service property consisting of 2,455+/- square feet situated on 3,349 sq ft lot. The concrete block building weas constructed in 1966 and the units average 491 sq ft in size. There is a common hallway at the rear with two restrooms. The spaces are occupied by hair stylists, waxing business and jewelry repair. All tenants are on month-to-month terms.

The property is situated behind 22561 and 22567 Main Street and fronts a city owned free public parking lot. Downtown Hayward location between A and B Streets with 4 points of access to the parking lot. BART is 3 blocks to the west and all shopping services are convenient.

Investment highlights

5 small service/retail units ideal for the small businessperson. With all of the units on month-to-month terms, a new owner could occupy one or more units and collect rental income.

Listing Contacts

PM
CA CA 00795784
MTC Commercial  Real Estate
MT
CA 00688066
MTC Commercial  Real Estate
Listed by MTC Commercial Real Estate

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Additional Information

Name
Paul Mader
License
CA 00795784
Brokerage
MTC Commercial RE
Brokerage Address
20980 Redwood Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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