21129 Foothill Blvd Hayward, CA 94541

This exceptional investment opportunity presents a vacant, 22,251 square foot shopping center located at 21129 Foothill Boulevard in Hayward, California. The property, built in 1951, features a two-story building with a masonry construction, concrete perimeter foundation, and a raised bitumen roof. Situated on a 0.479-acre lot (approximately 19,250 square feet), it boasts 12 parking spaces in a separate parcel, accessible from both Foothill Boulevard and Ash Street. The ground floor offers an open floor plan with concrete floors, masonry interior walls, exposed wood beams, renovated private offices, bathrooms, and a fabricator shop with a roll-up door. The second floor features hardwood floors, skylights, additional offices, and ample storage. A significant feature is the approximately 8,000 square foot walkable attic space providing extensive additional storage. The second floor also includes a renovated lounge with a bar and fireplace. The property is zoned C-1 and offers excellent repositioning potential for an investor. Its location in the desirable North Hayward/Castro Valley corridor provides easy access to major Bay Area employment hubs via nearby I-580 and SR 238 on-ramps. The asking price is $5,988,000, translating to $269 per square foot. The property is currently vacant, making it ideal for an owner-user seeking a prime location or an investor looking to capitalize on a strong market. The property's features include renovated private offices, abundant storage, a reception area, and restrooms. The building also has skylights and sprinklers. Electrical service is 400 amp, 3-phase. The fee simple ownership includes the contiguous parking lot.