29097 Mission Boulevard
Hayward, CA 94544

CBRE's East Bay Multifamily team is pleased to offer for sale 29097 & 29159 Mission Blvd, two development opportunities located in South Hayward just mile from the South Hayward Bart Station. 29097 Mission Blvd is a 10,820 SF commercial structure that was formerly used as a nightclub and a 29159 Mission Blvd is a parking lot that formerly served the nightclub. Both properties are situated in the Mission Boulevard - Corridor Center zoning district which may allow for the development of 35-100 dwelling units per acre. This translates to a development potential of up to 182 apartment units. The properties also provide for a unique opportunity to build townhomes/condominiums which will maximize the price per square foot sell-out potential while keeping construction costs to a minimum. The properties are surrounded by several newly constructed apartment buildings and for sale townhome/condominium communities that provide a fantastic comparison of achievable sell-out pricing and rental rates.