Office Building with
For Sale
$1,000,000
1164 A St, Hayward, CA 94541
The 1954 building requires renovation and may support retail or restaurant use subject to improvements and approvals.
Property Size2,975 SF
Price / SF$336.13
Days on Market54
Property Features for 1164 A St
General Information
Standard status
Active
Size
2,975 SF
Total Parking Spaces
18
Property subtype
Commercial
Zoning
Commercial
Property Condition
Severity
Repairs Needed
Evidence
needs renovation
Additional Details
Condition
Needs Renovation
Road Access
Yes
Property Use
Office
Building Details
Building Size
2,975 SF
Year Built
1954
Buildings
1
Listing Agency:
Alliance Bay Realty
(510) 742-6600
Listed By:
Joseph Silva
(510) 909-0007
Source:
Equityfirstre
Added: Sep 3
Changed: Oct 23
Last Checked: Oct 23 at 3:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Alliance Bay Realty
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Investment Insights
Based on property information with market context.
This 2,975-square-foot office property was built in 1954 and requires renovation. Retail or restaurant use may be considered with the necessary improvements and approvals.
The property is in downtown Hayward, among banks, retailers, and restaurants. Its parking lot is accessed from Russell Way and accommodates approximately 18 spaces; free public parking is available next door.
The property is in downtown Hayward, among banks, retailers, and restaurants. Its parking lot is accessed from Russell Way and accommodates approximately 18 spaces; free public parking is available next door.
Key Highlights
- 2,975‑square‑foot office property built in 1954
- Parking lot with approximately 18 spaces, accessed from Russell Way
- Free public parking next door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,535
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$930,700
$930.7K
Cap Rate 7%
$664,786
$664.8K
Cap Rate 9%
$517,056
$517.1K
Market Conditions
NOI Build-Up for 2,975 SF
Gross rent
$78.5K $26.40/SF
− Vacancy
−$16.5K −$5.54/SF
EGI
$62.0K $20.86/SF
− OpEx
−$15.5K −$5.21/SF
NOI
$46.5K $15.64/SF
Area
Hayward, CA
Vacancy
21.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$930,700
Cap Rate 7%
$664,786
Cap Rate 9%
$517,056
Alternative Uses
Best Use
Office B
$664.8K
$581.7K – $775.6K
NOI $46,535 @ 7.0% cap · market cap 4.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$919.6K
$804.7K – $1.07M
NOI $64,374 @ 7.0% cap · market cap 6.44%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
684
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 94541, CA
69,736
Population
23,217
Households
3
Avg Household Size
36
Median Age
30%
College-Educated
82%
High-School Grad
7.5 sq mi
ZIP Area
9,298
Density / Sq Mi
$106,556
Median Household Income
$52,023
Median Earnings
$2,229
Median Rent
$781,900
Median Home Value
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Market
Vacancy Rate% for Office in West region
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- IT Less Inc — 22693 Hesperian Blvd # 110, Hayward, CA 94541
Frequently Asked Questions
What type of property is this?
Office space - The 1954 building requires renovation and may support retail or restaurant use subject to improvements and approvals.
Where is this office space located?
The property is located at 1164 A St Hayward, CA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 2,975‑square‑foot office property built in 1954; Parking lot with approximately 18 spaces, accessed from Russell Way; Free public parking next door
