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20835 Chester St, Castro Valley, CA, 94546
Single-Story Retail Office Building

20835 Chester St Castro Valley, CA 94546

New
For Sale
$748,800

Single-story building offers three leasable suites with existing tenants and some off-street parking.

Property Size1,550 SF
Price / SF$483.10
Days on Market4

Property Features for 20835 Chester St

General Information

Standard status Active
Size 1,550 SF
Property subtype Commercial

Building Details

Year Built 1956
Listing Agency: Vetted Real Estate
Listed By: David Wilhite
Source: Elliman
Added: Jul 26 Changed: Jul 27 Last Checked: Jul 28 at 9:04AM

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 Vetted Real Estate

Investment Insights

Based on property information with market context.

This single-story commercial retail office building includes three suites and approximately 1,550 square feet of leasable area. The suites are described as being in good condition. The seller, a successor trustee, operates his family’s long-term business out of one suite, and existing tenants would like to stay. The property has landscaped, maintained curb appeal and includes some off-street parking.

The building is located in downtown Castro Valley at 20835 Chester St, CA 94546. The provided information also lists bikeScore of 24 (somewhat bikeable), walkScore of 47 (car-dependent), and transitScore of 38 (some transit).

Key Highlights

  • Single‑story commercial building built in 1956 with three leasable suites
  • About 1,550 sq ft of leasable area in downtown retail/office space
  • Suites are in good condition with existing tenants who would like to stay

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $56.0k $36.12
− Vacancy −$14.2k −$9.17
EGI $41.8k $26.95
− OpEx −$10.4k −$6.74
NOI $31.3k $20.21
1,550 SF · lease $36.12/SF/yr · vacancy 25.40% · expense 25.00%

Alternative Uses

Best Use
Retail
$7.07M
$6.18M – $8.24M (±1% cap)
NOI $494,646 @ 7.0% cap · market cap 66.06%
Second Best
Office B
$447.5K
$391.6K – $522.1K (±1% cap)
NOI $31,324 @ 7.0% cap · market cap 4.18%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Location Intelligence

Current Use

Office buildings

Suggested Use

Top Pick Garden Center Carpet & Flooring Store Parking Lot & Garage Furniture & Home Goods (Bike/Boat/Book/etc) Store Catering Service

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Office building - Single-story building offers three leasable suites with existing tenants and some off-street parking.
Where is this office building located?
The property is located at 20835 Chester St Castro Valley, CA.
What is the asking price?
The asking price for this property is $748,800.
What are key features of this property?
This property features: Single‑story commercial building built in 1956 with three leasable suites; About 1,550 sq ft of leasable area in downtown retail/office space; Suites are in good condition with existing tenants who would like to stay
More about this property
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