19648 Mission Blvd, Hayward, CA 94541
- Retail space
- 2,720 SF
- 0.31 lot acres
Current Use by Public Records
- Retail space
Property Details for 19648 Mission Blvd
- Year built
- 1950
- Construction
- WOOD
- Lot size
- 0.31 lot acres
- Property type
- Retail space
- APN
- 414-11-5
- APU
- 414115
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jan 17, 2020 | $650,000 | Dhkk Holdings LLC | Clarence J & Schaap R Trust | Grant Deed | $600k · Bank Of Hope |
| Dec 24, 2007 | — | Ruth Schaap | Schaap,john C SR | Affidavit Of Death · related | — |
| Jan 24, 1974 | — | — | — | Grant Deed · related | — |
Description
This exceptional commercial property in Hayward, California, presents a lucrative investment opportunity. Located at 19648 Mission Boulevard, this offering encompasses two buildings on a corner lot with ample parking. The main building houses a thriving Japanese restaurant with a patio, currently generating an average monthly sales revenue of $134,000. The restaurant's equipment is included in the sale. A valid beer and wine license is also in place. The second building offers versatile potential, suitable for retail use or conversion to residential (permitting required). The entire property boasts 1,923 square feet and includes a large parking lot with 20 spaces. The asking price is $1,349,000, translating to $701.51 per square foot. This property benefits from its prime location in Hayward, Alameda County, zip code 94541, within a rapidly developing area. The motivated seller makes this a compelling opportunity for investors seeking a high-cash-flow commercial property with significant upside potential.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $620,000
- ML approach
- $610,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $630,000
- 6.5%
- $580,000
- 7%
- $540,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $379,000
Market price range: $137k - $386k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $735,000 Current use
- AUTO REPAIR, GARAGE
- $1,005,000 Change: +37% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $770,000 Change: +4% Conversion: Easy
- MEDICAL BUILDING
- $725,000 Change: -1% Conversion: Difficult
- OFFICE BUILDING
- $670,000 Change: -9% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Hayward
- County
- Alameda
- State
- California
- Longitude
- -122.103
- Latitude
- 37.6878
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
