2886 Grove Way Castro Valley FOR SALE


Castro Valley, CA
$2,850,000 USD
510-889-9157
, Castro Valley, CA for Sale
$2,850,000 USD
FOR SALE
1/13
null | Request Cap Rate

2886 Grove Way Castro Valley
Castro Valley, CA


OVERVIEW

First Time on Market. The property consists of two buildings totaling 12,054+/- sq. ft. situated on a 29,400 sq. ft. site with 150 ft of street frontage. The concrete block improvements were constructed in 1975 and includes a front building of 4,554 +/- sq. ft. (presently used as a tire store); space consists of 2,466 +/- sq. ft. of showroom/office area and a service/garage area of 2,088 +/- sq .ft. served by two roll-up doors. The rear service building of 7,500-/+ sq. ft. is evenly divided between two tenants (masonry company and tire store warehouse) however could potentially be divided into 4 spaces. There are four 12'x12' roll-up doors serving this building with an interior truss height of 15'+/- feet. Presently rented to 2 long term tenants, month to month terms, below market rents. The front building is ideal for an owner/user and the rear building, while separated into two units, can be configured into four units 1,875+/- sq. ft. each. The property is located in Unincorporated Alameda County, the properties on Grove Way advertise a Castro Valley address whereas property tax records show Hayward. Grove Way is a busy arterial street serving the area, 1-580 is less than a half mile to the northeast.

ASK ABOUT THIS PROPERTY

Michael TanzilloMTC Commercial Real EstateMore Info
510-889-9157

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

Michael TanzilloMTC Commercial Real EstateMore Info
510-889-9157

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