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22549 Foothill Blvd Hayward, CA 94541-4109

OFF-MARKET Retail space Google Maps
2,850 SF 0.07 ac lot Built 1955
Individually Owned Absentee Owner ~ Est. High Equity
Estimated value (blended)
$610k
Range $549k – $671k (±10%)
Property ID US09-8463910

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1955
Construction TILT-UP CONCRETE
Total area 2,850 SF
Lot 0.07 ac (3,000 SF)
APN 428-61-44
UPID US09-8463910

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Brewery & Distillery Bar & Pub

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$610k
Comparable Approach Comparable
$405k
Blend (final) Blend
$610k

Owner & transaction history

since 2026
7 recorded transactions
2026
$1.2M
2018
Price N/A
2016
Price N/A
2012
Price N/A
2010
$786,000
2007
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $805,000 +4.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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