Masonry Office
For Sale
$1,000,000
1164 A St, Hayward, CA 94541
Commercial Sale, Hayward, CA
Property Size2,975 SF
Lot Size0.07 Acres
Price / SF$336.13
Days on Market47
Property Features for 1164 A St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Subdivision
Downtown Hayward
Lot features
Business District
Directions
Front door on A Street between Foothill and 2nd. Parking lot access on Russell Way.
Standard status
Active
APN
41524037
Size
2,975 SF
Lot size
0.07 Acres
Utilities
Heating system
Forced Air
Building Details
Year built
1954
Building materials
Masonry
Roof type
Flat
Listing Agency:
Alliance Bay Realty
(510) 742-6600
Listed By:
Joseph Silva
(510) 909-0007
Added: Sep 3
Changed: Oct 17
Last Checked: Oct 19 at 3:06AM
MLS# 41147054
Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2,975-square-foot office building occupies a 0.0683-acre lot in downtown Hayward. The 1954 masonry structure has forced-air heating and a flat roof, and the property requires renovation. Existing improvements may support a future retail or restaurant configuration with the necessary work and approvals.
A parking lot reached from Russell Way provides approximately 18 spaces, while additional free public parking is located next door. The property is positioned among banks, retailers, and restaurants in downtown Hayward, with a commercial zoning designation and an existing office-building framework.
A parking lot reached from Russell Way provides approximately 18 spaces, while additional free public parking is located next door. The property is positioned among banks, retailers, and restaurants in downtown Hayward, with a commercial zoning designation and an existing office-building framework.
Key Highlights
- 2,975‑square‑foot office building on a 0.0683‑acre lot
- Approximately 18 parking spaces in a lot accessible from Russell Way
- Commercial zoning in downtown Hayward
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
Retail
$590.5K
$516.7K – $689.0K
NOI $41,338 @ 7.0% cap · market cap 4.13%
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.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
684
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Commercial zoning supports continued commercial use, subject to applicable approvals.
Where is this office building 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 building on a 0.0683‑acre lot; Approximately 18 parking spaces in a lot accessible from Russell Way; Commercial zoning in downtown Hayward
