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Cal West Motors 1953 E 14th St 1,200 SF Retail Building San Leandro, CA 94577 $1,979,000 ($1,649.17/SF) 6.75% Cap Rate



Executive Summary
This offering presents a rare opportunity to acquire a long-established, purpose-built automotive property in the heart of Downtown San Leandro. The site consists of two contiguous parcels totaling approximately 20,000 square feet, each with its own building, address, and signage. The property has operated as a successful dealership location for decades and is ideally suited for continued automotive use, owner-user occupancy, or strategic expansion by a multi-location operator.
The property was originally constructed as an automotive facility and has never been converted from another use. Improvements include two freestanding buildings with multiple offices, a two-car garage, a covered detail rack with sump drain, a heavy-duty electrical system with extensive plug-ins, and a 10,000-lb two-post hoist. The site is licensed by the California Bureau of Automotive Repair and is equipped to support sales, service, detailing, and reconditioning operations. Additional features include upgraded high-intensity LED perimeter lighting, secure fencing, a camera system with notifications, an alarm system, and two 20-foot dry storage containers. Both buildings have been recently re-roofed by Ridout Roofing of San Leandro.
The property benefits from exceptional visibility and exposure along East 14th Street, a major commercial corridor with strong traffic counts and long-established automotive identity. The site’s dual street frontage and vintage neon corner sign provide branding presence and customer recognition that are difficult to replicate in today’s market. Its central Bay Area location offers immediate access to I-880 and I-580, is approximately one-half mile from San Leandro BART, and is within minutes of Oakland International Airport and the San Mateo Bridge. This connectivity supports both retail automotive sales and service operations drawing from a wide regional customer base.
Cal West Motors has operated at this location for 32 years, and the property has a long history of successful dealership operations dating back to the 1950s when it was home to Jay’s Auto Sales, one of the premier used-car dealerships in the East Bay for several decades. The site’s legacy, visibility, and purpose-built infrastructure make it an attractive option for automotive operators seeking a proven location with immediate functionality.
While the property’s highest and best use today remains automotive, the combined parcel size and downtown location also provide long-term flexibility for a future owner. The City of San Leandro’s Downtown Master Plan identifies parcels of this scale as candidates for mixed-use development concepts that may include ground-floor commercial with residential units above. This planning framework offers optional future upside without diminishing the property’s current value as a turnkey dealership facility. The owner’s perspective is that the real value is in the property’s immediate utility and income-producing potential, with redevelopment representing a later-stage opportunity for a buyer who wishes to pursue it.
This offering is well-suited for established automotive groups, multi-generational dealership families, independent operators seeking expansion, and investors interested in a stable commercial asset with future optionality. The property’s long operating history, strong regional access, and purpose-built improvements create a compelling opportunity for buyers seeking a functional automotive site with enduring value.
The property was originally constructed as an automotive facility and has never been converted from another use. Improvements include two freestanding buildings with multiple offices, a two-car garage, a covered detail rack with sump drain, a heavy-duty electrical system with extensive plug-ins, and a 10,000-lb two-post hoist. The site is licensed by the California Bureau of Automotive Repair and is equipped to support sales, service, detailing, and reconditioning operations. Additional features include upgraded high-intensity LED perimeter lighting, secure fencing, a camera system with notifications, an alarm system, and two 20-foot dry storage containers. Both buildings have been recently re-roofed by Ridout Roofing of San Leandro.
The property benefits from exceptional visibility and exposure along East 14th Street, a major commercial corridor with strong traffic counts and long-established automotive identity. The site’s dual street frontage and vintage neon corner sign provide branding presence and customer recognition that are difficult to replicate in today’s market. Its central Bay Area location offers immediate access to I-880 and I-580, is approximately one-half mile from San Leandro BART, and is within minutes of Oakland International Airport and the San Mateo Bridge. This connectivity supports both retail automotive sales and service operations drawing from a wide regional customer base.
Cal West Motors has operated at this location for 32 years, and the property has a long history of successful dealership operations dating back to the 1950s when it was home to Jay’s Auto Sales, one of the premier used-car dealerships in the East Bay for several decades. The site’s legacy, visibility, and purpose-built infrastructure make it an attractive option for automotive operators seeking a proven location with immediate functionality.
While the property’s highest and best use today remains automotive, the combined parcel size and downtown location also provide long-term flexibility for a future owner. The City of San Leandro’s Downtown Master Plan identifies parcels of this scale as candidates for mixed-use development concepts that may include ground-floor commercial with residential units above. This planning framework offers optional future upside without diminishing the property’s current value as a turnkey dealership facility. The owner’s perspective is that the real value is in the property’s immediate utility and income-producing potential, with redevelopment representing a later-stage opportunity for a buyer who wishes to pursue it.
This offering is well-suited for established automotive groups, multi-generational dealership families, independent operators seeking expansion, and investors interested in a stable commercial asset with future optionality. The property’s long operating history, strong regional access, and purpose-built improvements create a compelling opportunity for buyers seeking a functional automotive site with enduring value.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
1,200 SF
Building Class
C
Year Built
1956
Price
$1,979,000
Price Per SF
$1,649.17
Cap Rate
6.75%
NOI
$133,583
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.44 AC
Zoning
SA-2 - South Area-2 zoning allows commercial and automotive uses with long-term mixed-use redevelopment flexibility.
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
Moderately walkable
60/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Total Assessment | $671,842 | |
| Land Assessment | $571,066 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $100,776 | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$571,066
Improvements Assessment
$100,776
Total Assessment
$671,842
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Bay East Legacy & Assoc.
Cal West Motors | 1953 E 14th St
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