City Lights
Listed by City Lights
$5,295,000
23978 Connecticut St
Details
APN 439-0036-057-03
Property Type Industrial
Sub Type Distribution, Flex
Square Footage 20,000
Units 9
Tenancy Multi
Price per SqFt $265
Broker Co-Op Yes
Class C
Year Built 1962
Acreage 1.020
Zoning IG-General Industrial
Parking Spaces 34 spaces
Parking Per SqFt 1.70
Investment Type Owner/User
Ceiling Height 17'
Dock High Doors 11
Industrial | 20,000 SqFt
Marketing description
Turton CRE is pleased to offer for sale, 23978 Connecticut Street (the "Property"), an approximately ±20,000 SF vacant multi-tenant flex building situated on the corner of Depot Rd and Connecticut St in the center of Hayward's Industrial Technology and Innovation Corridor.
The Property features 9 separately metered units all with heavy power, roll-up doors, some office, and a restroom. The property sits on a 1.02 AC lot (±44,431 SF) and has 34 surface level parking spots, with ±10,000 SF of gated and fenced yard space. The property offers immediate access to Highway 92, the San Mateo Bridge, and 1-880, providing fast connectivity to the East Bay, Peninsula, and major Bay Area submarkets. A building of this size,
composition, location, and ease of access is rare this close to Downtown Hayward.
This property presents an opportunity for both owner-users and investors, allowing a user-investor to occupy a portion of the property while leasing out the remaining units. Don't miss the chance to own a fantastic building in the heart of Hayward's growing Industrial Technology and Innovation Corridor.
Investment highlights
- Address: 23978 Connecticut Street Hayward, CA 94545
- Purchase Price: $6,950,000 ($347/SF)
- Building Size: +20,000 SF
- Site Size: 1.02 AC lot (+44,431 SF)
- Available Suites: ±1,330-20,000 SF
- Year Built: 1962
- Exterior Walls: Concrete Tilt Up
- Clear Height: 17
- Number of Units: 9
- Warehouse Percentage: 89%
- Grade Level Doors: 11
- Car Parking: 34 Surface Spots
- Zoning: General Industrial (IG)
- Power to Building: 2,000 Amps (3,000 Amps Available at Transformer)
- Power to Suite A&B: 600 Amps | 3 Phase
- Power to Suite C-J: 200 Amps 13 Phase (to be verified by an electrician)
Listing Contacts
City Lights
Listed by City Lights
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