Property profile

948 C St Hayward, CA 94541

OFF-MARKET
Turn key restaurants
Property ID
US09-8504399
2,200 SF 0.06 ac lot Built 1930
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 749,000 USD commercial property, located at 948 C Street in the heart of Hayward, California, presents a unique investment opportunity. Situated on a 0.06-acre lot, this fully remodeled general commercial building boasts a stunning interior perfect for a variety of uses. The space features abundant natural light streaming in through large skylights, complemented by ample artificial lighting. The entire building is equipped with tile flooring for easy maintenance and a modern aesthetic. Two large ADA-compliant bathrooms ensure accessibility for all patrons. Recent upgrades include the installation of two new commercial air conditioning units on the roof, providing efficient climate control. The building has undergone complete earthquake reinforcement, ensuring structural integrity and peace of mind. A significant feature is the spacious upstairs area, ideal for office space or additional functional areas. Furthermore, the property includes a designated area ready for the construction of a state-of-the-art kitchen, making it perfectly suited for a restaurant or banquet hall operation. This turnkey property is ready for immediate occupancy and offers significant potential for a thriving business in a high-traffic downtown location. The property's prime location and extensive renovations make it an exceptional investment opportunity.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1930
Construction TILT-UP CONCRETE
Total area 2,200 SF
Lot 0.06 ac (2,641 SF)
APN 428-66-15
UPID US09-8504399

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
  • Atm

Location

948 C St Hayward, CA 94541-5123
Hayward metro Census 435400 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$738k
Blend (final) Blend
$280k

Owner & transaction history

since 2025
Last sale
$730,000
7 recorded transactions
2025
$730,000
2018
$445,000
2014
Price N/A
2014
$350,000
2013
Price N/A
2009
Price N/A
1976
Price N/A

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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