22549 Foothill Blvd Hayward, CA 94541
- Retail space
- 2,850 SF
- 0.07 lot acres
Current Use by Public Records
- Russell City Distillery / Distillery
Property Details for 22549 Foothill Blvd
- Year built
- 1955
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.07 lot acres
- Property size
- 2,850 SF
- Property type
- Retail space
- APN
- 428-61-44
- APU
- 4286144
Description
This exceptional 3,690 square foot, Class A storefront retail building, located at 22549 Foothill Boulevard in Hayward, California, is available for $2,050,000. Built in 1933 and extensively renovated in 2019, this single-tenant, vacant property boasts a modern design with stylish stone and glass façade. The interior features high ceilings, energy-efficient lighting, explosion-proof electrical fixtures, and extensive utility service, including a newly added 400-amp 3-phase electrical service. A significant investment of over $2,500,000 in build-out and improvements has created a state-of-the-art space ideal for a distillery or food manufacturing operation. The property sits on a 3,001 square foot lot in a high-traffic area with ample street and public parking. Additional features include three commercial A/C units, a boiler, and heavy HVAC. A fire suppression system is installed but requires connection to the water main. The exterior is tag/graffiti proof with a sacrificial coated finish. The property is zoned Central City Commercial Zoning District (CC-C) and benefits from its location in the "Economic Zone," offering potential development assistance. The building's prime location provides excellent public transportation access and proximity to major freeways. An expansive outdoor gathering space with abundant greenery is perfect for events. This owner/user investment opportunity presents a unique chance to acquire a meticulously renovated retail space in a thriving downtown location. The property was appraised in 2022 for $2,600,000. Vacancy date is October 3, 2023.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hayward
- County
- Alameda
- State
- California
- Longitude
- -122.082
- Latitude
- 37.6743
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA