22531 Main St, Hayward, CA 94541
Multi-tenant strip center with small retail/service units and shared rear restrooms, suited for an owner-operator or investor.
- Added:
- Oct 6, 2025
- Days on Market:
- 276
- Last Refresh:
- Jun 24 at 6:47 am
Property Features for 22531 Main St
General Information
- Standard status
- Active
- Size
- 2,455 SF
- Lot size
- 0.08 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 1966
Listing office Michael Tanzillo R.E. Brkr (510) 889-9157
Listing date Oct 6, 2025
Source Xome
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 Michael Tanzillo R.E. Brkr
HighLights
- Five‑unit retail/service property with 2,455+/- SF on a 3,349+/- SF lot
- Concrete block building constructed in 1966; composition roof; zoning DTMS
- Units average 491 SF and include a shared rear common hallway with two restrooms
- Tenants operate month‑to‑month leases; current uses include hairstylists, waxing services, and jewelry repair
- Property fronts a city‑owned free public parking lot and is tucked behind 22561 and 22567 Main Street
- Located in Downtown Hayward, about 3 blocks from BART with multiple access points to the parking lot
Overview
The property is tucked behind 22561 and 22567 Main Street, and it fronts a city-owned free public parking lot. The parking area has multiple access points, which can support customer parking convenience for the center. The public remarks also note a Downtown Hayward location, approximately three blocks from BART.
With its small, multi-tenant footprint and existing retail/service mix, the building can fit buyers seeking an owner-user scenario or an investor looking for a retail strip with month-to-month tenancy. The shared rear hallway and restroom setup can simplify operations across the units, while the location behind nearby Main Street addresses and direct exposure to a public parking lot may help accommodate customer access.
Local Financial Insights For Retail
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 | $53.0k | $21.60 |
| − Vacancy | −$4.3k | −$1.75 |
| EGI | $48.7k | $19.85 |
| − OpEx | −$14.6k | −$5.96 |
| NOI | $34.1k | $13.90 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hayward
- County
- Alameda
- State
- California
- Longitude
- -122.0833657
- Latitude
- 37.6732929
