966 B St, Hayward, CA 94541
0.18 Acres of Commercial Land Offered at $2,695,000 USD in Hayward, CA 94541
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 2 days
Asking Price $2,695,000
- Property Type
-
Land
Listing Contacts
Jack Hirsch CCIM
Verified Profile
- Property Info
Property Overview
Approved Entitlements and Preliminary Plans
Located in an Opportunity Zone, three years into the ownership timelines
Proposed: 30 residential units and 1 commercial unit
Proposed: total billing square footage 43,672 sq. ft.
Proposed: building height 71.5 feet, 6 stories
This modern multifamily development has been approved by CITY OF HAYWARD PLANNING COMMISSION as of February of 2024 for 6-story mixed-use development. Preliminary plans approved for residential building with 30 residential apartment units and 1 commercial/retail unit on the ground floor. The project is located in an opportunity zone and is already three years into the ownership timelines.
The high-end luxury residential building totals 43,672 square feet, including living space, ground parking, and common area roof top deck. The complex showcases a wide unit mix of one, two and three bedrooms. All major appliances (dishwashers, refrigerators, clothes washers and dryers, and water heaters) will be electricity-powered, and Energy Star certified. Of the 30 units, 27 will be market-rate units, and the remaining 3 units will be designated as affordable units for moderate low-income households, per the requirements of the Affordable Housing Ordinance set forth in HMC Chapter 10, Article 17.
The building is centrally located in the Hayward Downtown area with its shopping, dining, and entertainment attractions. Short walking distance to Bart, Library, Cinema, shopping, and schools.
Located in an Opportunity Zone, three years into the ownership timelines
Proposed: 30 residential units and 1 commercial unit
Proposed: total billing square footage 43,672 sq. ft.
Proposed: building height 71.5 feet, 6 stories
This modern multifamily development has been approved by CITY OF HAYWARD PLANNING COMMISSION as of February of 2024 for 6-story mixed-use development. Preliminary plans approved for residential building with 30 residential apartment units and 1 commercial/retail unit on the ground floor. The project is located in an opportunity zone and is already three years into the ownership timelines.
The high-end luxury residential building totals 43,672 square feet, including living space, ground parking, and common area roof top deck. The complex showcases a wide unit mix of one, two and three bedrooms. All major appliances (dishwashers, refrigerators, clothes washers and dryers, and water heaters) will be electricity-powered, and Energy Star certified. Of the 30 units, 27 will be market-rate units, and the remaining 3 units will be designated as affordable units for moderate low-income households, per the requirements of the Affordable Housing Ordinance set forth in HMC Chapter 10, Article 17.
The building is centrally located in the Hayward Downtown area with its shopping, dining, and entertainment attractions. Short walking distance to Bart, Library, Cinema, shopping, and schools.
Property Details
- Property Subtype
- Commercial
Highlights
- Approved Entitlements and Preliminary Plans
- Proposed: 30 residential units and 1 commercial unit
- Proximity of Downtown Hayward
- Located in an Opportunity Zone, three years into the ownership timelines
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