963-967 B St - Storefront Retail/Office FOR SALE


Hayward, CA 94541- Downtown Hayward
$2,100,000 USD
415-532-3161
963-967 B St, Hayward, CA for Sale
$2,100,000 USD
Storefront Retail/Office - FOR SALE
1/16
null | 7.3% Cap Rate

963-967 B St
Hayward, CA 94541
Downtown Hayward


HIGHLIGHTS

  • 13 unit property featuring three (3) ground-floor commercial spaces and ten (10) second-floor studio apartments
  • Located on B Street, the property benefits from strong foot traffic and proximity to local shops, restaurants, and entertainment
  • The second-floor studio apartments feature a dedicated, secure entrance, offering tenants privacy and security separate from the commercial spaces
  • 98 Walk Score (“Walker’s Paradise”) and a 64 Transit Score (“Good Transit”)
  • Located minutes from Highways 880, 580, and the San Mateo Bridge, providing seamless connectivity to Oakland, San Francisco and Silicon Valley
  • Two (2) BART stations within a five mile radius offer direct public transit options

OVERVIEW

963 B Street is a well-maintained, mixed-use property ideally located in the vibrant core of downtown Hayward, California. This two-story building comprises 13 units, including three ground-floor commercial spaces and ten second-floor studio apartments—offering investors a diversified income stream in one of the East Bay’s most rapidly evolving markets. Constructed with a stucco and brick exterior on a slab-on-grade foundation, the property has undergone key capital upgrades including a new torch-down roof, copper plumbing, and an 80-gallon water heater. The main electrical panel is a Challenger, with ITE subpanels supporting the individual units. The ground floor includes three commercial units ideally suited for retail or service-based businesses seeking high visibility and consistent foot traffic. With prominent frontage along B Street—a bustling corridor lined with restaurants, cafés, and shops—these units are well positioned for long-term tenant demand. The second floor is dedicated to residential use, featuring ten studio apartments accessible via a private and secure entrance, separate from the commercial spaces. These units are well-suited for renters seeking affordable, walkable housing near public transit, employment centers, and downtown amenities. With its central location, recent upgrades, and diverse unit mix, 963 B Street presents a compelling opportunity for investors looking to capitalize on stable cash flow and long-term appreciation in the East Bay. The county assessor’s records indicate 16,710 square feet of building area. We strongly advise all buyers to verify these figures, as the actual square footage may be lower. We recommend that all buyers and their agents measure the building to confirm the actual building square footage.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$126 USD /SF

CAP RATE

7.3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

CC-P

APN/PARCEL ID

428-0066-008-00

ASK ABOUT THIS PROPERTY

Marshall WardCompassMore Info
415-532-3161

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Marshall WardCompassMore Info
415-532-3161

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.