1197 A St Hayward, CA 94541-4146
- Office buildings
- 4,628 SF
- 0.13 lot acres
Current Use by Public Records
- Dolce Beauty studio / Hair Salon
- Bobby's Driving School / Training Center / Vocational School
- Yueming Art Studio月明艺术工作室 / Art Studio
- Mercy Hairstylist Beauty Salon / Hair Salon
- Hira threading salon and botique / Hair Salon / Nail Salon
Property Details for 1197 A St
- Year built
- 1955
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.13 lot acres
- Property size
- 4,628 SF
- Property type
- Office buildings
- APN
- 427-11-7
- APU
- 427117
Description
This exceptional two-story, 4,600 square foot Class B office building, located at 1197 A St, Hayward, CA 94541, presents a fantastic opportunity. Currently, 307 square feet of traditional office space is immediately available, perfect for a small business or satellite office. The minimum divisible space is 307 square feet, offering flexibility for various needs. The building is situated in the heart of downtown Hayward, providing easy access to a variety of amenities and businesses. Its convenient location offers proximity to major transportation arteries, including Highway 238, freeways 580 and 880, and the BART station, ensuring seamless commutes for employees and clients. The building's address is conveniently located near the intersection of A St. and 2nd Streets, within the Hayward submarket. The zoning is designated for office use. While the building does not feature elevators, its two-story design offers manageable accessibility. This prime location also places the property in close proximity to neighboring cities such as San Leandro, San Lorenzo, and Castro Valley. This is a rare opportunity to secure office space in a thriving downtown location with excellent access to transportation and surrounding communities. The property is zoned for office use.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,285,000
- 6.5%
- $1,190,000
- 7%
- $1,105,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,097,000
- AI Estimate
- $736,000
Market price range: $675k - $1.63MMarket price range: $285k - $1.25M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,135,000 Current use
- COMMERCIAL (GENERAL)
- $1,310,000 Change: +15% Conversion: Easy
- RETAIL STORES
- $1,255,000 Change: +10% Conversion: Moderate
- MEDICAL BUILDING
- $1,235,000 Change: +9% Conversion: Easy
- WAREHOUSE, STORAGE
- $965,000 Change: -15% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Hayward
- County
- Alameda
- State
- California
- Longitude
- -122.08
- Latitude
- 37.676
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA