354 B St Hayward, CA 94541
This exceptional property presents a unique investment opportunity encompassing two buildings totaling approximately 28,688 square feet on a 2.28-acre lot in Hayward, California. The main building, located at 354 B Street, boasts approximately 22,688 square feet and features a 500-seat sanctuary, ample fellowship space, a full kitchen, multiple classrooms, administrative offices, and a finished walkout basement. This basement, although below street level, is fully above ground and provides approximately 100 additional seats, currently used as a multipurpose room and additional administrative space. The secondary building, situated at 335 A Street, comprises approximately 6,000 square feet and previously served as a daycare/preschool, offering several classrooms, a kitchen, and administrative offices. The property is currently 100% occupied and zoned RM and CN-R. Built in 1960 (with various additions/renovations), this versatile property is ideally suited for continued use as a religious facility and/or school, or for adaptive reuse given its size and zoning. The Alameda County property features a prime location in the heart of Hayward, CA, with the address 335 A Street & 354 B Street, zip code 94541, and APN 431-0012-070-08. The asking price is $5,955,500.
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Church of the Cross Church
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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