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Three-Suite Mixed-Use Building
For Sale
$748,800

20835 Chester St, Castro Valley, CA 94546

Commercial Sale, Castro Valley, CA

Property Size1,336 SF
Lot Size0.13 Acres
Price / SF$560.48
Days on Market75

Property Features for 20835 Chester St

General Information

Property type Commercial Sale
Property subtype Other
Zoning Com Retail
Parking features On Street
Exterior features Landscaping
Fencing Fenced
Subdivision Down Town
Lot features B A R T Nearby, County, Freeway Nearby, Hospital Nearby, Restaurant Nearby, Shopping Center Nearby, Shopping Nearby
Directions Downtown Castro Valley Blvd. Left or Right on Chester St.
Standard status Active
APN 84A3754
Size 1,336 SF
Lot size 0.13 Acres

Utilities

Heating system Natural Gas

Amenities

landscaped

Building Details

Year built 1956
Floors in Building 1
Flooring type Carpet, Vinyl
Building materials Stucco
Roof type Composition
Listing Agency: Vetted Real Estate
Listed By: David Wilhite · License #00759835
Added: Jul 25 Changed: Aug 22 Last Checked: Oct 7 at 3:06AM
MLS# 41142499

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.

Investment Insights

Based on property information with market context.

This single-story mixed-use property contains approximately 1,336 square feet of leasable area across three suites. The building dates to 1956 and features stucco construction, a composition roof, vinyl and carpet flooring, natural-gas heating, fencing, and landscaped exterior areas. Zoning is identified as Com Retail.

The property is located at 20835 Chester St in downtown Castro Valley, California, within the 94546 ZIP code. On-street parking is listed among the site features. One suite is occupied by the successor trustee seller’s family business, while the existing tenants have expressed interest in remaining. The parcel encompasses 0.1269 acres and provides a compact commercial setting for continued retail or office occupancy.

Key Highlights

  • Three‑suite, single‑story mixed‑use building
  • Approximately 1,336 square feet of leasable area
  • Com Retail zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,054
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$541,080 $541.1K
Cap Rate 7%
$386,486 $386.5K
Cap Rate 9%
$300,600 $300.6K
Market Conditions
NOI Build-Up for 1,336 SF
Gross rent
$48.1K $36.00/SF
− Vacancy
−$4.8K −$3.60/SF
EGI
$43.3K $32.40/SF
− OpEx
−$16.2K −$12.15/SF
NOI
$27.1K $20.25/SF
Area
Alameda County, CA
Vacancy
10.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$541,080
Cap Rate 7%
$386,486
Cap Rate 9%
$300,600

Alternative Uses

Best Use
Retail
$6.09M
$5.33M – $7.11M (±1% cap)
NOI $426,353 @ 7.0% cap · market cap 56.94%
Second Best
Mixed Use
$386.5K
$338.2K – $450.9K (±1% cap)
NOI $27,054 @ 7.0% cap · market cap 3.61%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Retail space

Suggested Use

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,523
Businesses Nearby

Demographics for 94546, CA

46,687
Population
16,398
Households
2.8
Avg Household Size
40
Median Age
41%
College-Educated
90%
High-School Grad
16.0 sq mi
ZIP Area
2,918
Density / Sq Mi
$125,780
Median Household Income
$66,737
Median Earnings
$2,506
Median Rent
$976,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Single-story commercial property with three suites and landscaped grounds in downtown Castro Valley.
Where is this mixed-use property 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: Three‑suite, single‑story mixed‑use building; Approximately 1,336 square feet of leasable area; Com Retail zoning
More about this property
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