1558 A Street Listing Details & Market Data

Castro Valley is a census-designated place (CDP) and is the largest community in unincorporated Alameda County with a population of 63,013, making it the fifth most populous CDP in California. The economy of Castro Valley consists largely of the provision of goods and services for residents. Being a primarily residential community, only about 5% of the area has been developed for commercial uses. The property sits on the border of the City of Hayward and is located 0.06 miles from Lincoln Landing, a newly developed mixed-use project consisting of 476 new apartments and over 80,000 square feet of new commercial space. The subject property is within close proximity to Downtown Hayward and Castro Valley and Hayward and Castro Valley BART stations.The Kilpatrick Team is pleased to present the opportunity to acquire 1558-1570 A Street, a four building, 9,148 SF lot, zoned for various commercial office uses on a high traffic corner. The property consists (1) 1800/SF building, (1) garage space, (1) +/- 890/SF cottage, and (1) +/- 610 SF cottage. The subject property will be delivered vacant, which offers tremendous upside potential for value-add, long term investors. This offering is also ideal for an owner-user looking for a storefront retail property with large amounts of storage and additional income earning potential. Formerly the Piano Store retail space for over 30 years, this highly visible property sits next door to Cathay Gardens a 47-unit apartment complex, Ruby Street Apartment development a 72-unit complex, and Bellara Senior Housing, a 157-unit development. The subject property is located in a densely populated area with over 30,000 daily traffic counts.1558 A Street offers a rare opportunity to lease a prime corner retail space with ample frontage and great traffic counts. The property features abundant storefront glass windows providing exceptional visibility and natural light.