Freestanding Restaurant Building in
For Sale
$1,200,000
19740 Mission Blvd, Hayward, CA 94541
Commercial property with operating restaurant in a high-traffic location.
Property Size2,963 SF
Price / SF$404.99
Days on Market449
Property Features for 19740 Mission Blvd
General Information
Standard status
Active
Size
2,963 SF
Property subtype
Commercial
Site & Location
Neighborhood
North Hayward
Amenities
Central air
Air Conditioning - Area Cooling
Concrete Flooring
Building Details
Year Built
1950
Listing Agency:
BLATTEIS REALTY CO, INC
(415) 321-7485
Listed By:
JEONG JEOM YOON
(415) 981-2844
Source:
Corcoran
Added: Aug 1, 2025
Changed: Oct 15
Last Checked: Oct 23 at 6:14AM
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 BLATTEIS REALTY CO, INC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding commercial property, featuring a restaurant building, is located in a highly visible area within one of Hayward's active corridors. The property benefits from excellent street exposure, strong traffic flow, and easy access. The current tenant operates a high-income restaurant business and is willing to stay and continue running it post-sale. The tenant pays $4,000 per month rent under a commercial lease. New lease terms are negotiable with the buyer, offering flexibility for tailoring return or owner-occupancy strategy. The property size is 2963 square feet.
Key Highlights
- Freestanding commercial building with operating high‑income restaurant.
- Excellent street exposure and strong traffic flow in a highly active corridor.
- Current owner/operator willing to stay and continue running the restaurant post‑sale.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,867
Cap Rate
3.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$937,340
$937.3K
Cap Rate 7%
$669,529
$669.5K
Cap Rate 9%
$520,744
$520.7K
Market Conditions
NOI Build-Up for 2,963 SF
Gross rent
$67.6K $22.80/SF
− Vacancy
−$5.1K −$1.71/SF
EGI
$62.5K $21.09/SF
− OpEx
−$15.6K −$5.27/SF
NOI
$46.9K $15.82/SF
Area
Hayward, CA
Vacancy
7.50%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$937,340
Cap Rate 7%
$669,529
Cap Rate 9%
$520,744
Alternative Uses
Best Use
Specialty Retail
$669.5K
$585.8K – $781.1K
NOI $46,867 @ 7.0% cap · market cap 3.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$915.9K
$801.4K – $1.07M
NOI $64,115 @ 7.0% cap · market cap 5.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
799
Businesses Nearby
31k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 80%
Shops & Services 16%
Electronics 4%
Jack in the Box
Dining
13,164 visits/mo
0.1 miles
Carl's Jr.
Dining
7,064 visits/mo
0.2 miles
Dollar Tree
Shops & Services
4,158 visits/mo
0.3 miles
SUBWAY
Dining
3,645 visits/mo
0.3 miles
Cricket Wireless Authorized Retailer
Electronics
1,190 visits/mo
0.4 miles
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
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Commercial property with operating restaurant in a high-traffic location.
Where is this conventional restaurant located?
The property is located at 19740 Mission Blvd Hayward, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Freestanding commercial building with operating high‑income restaurant.; Excellent street exposure and strong traffic flow in a highly active corridor.; Current owner/operator willing to stay and continue running the restaurant post‑sale.
