Once in a generation a gateway property such as the Castro Valley Lumber Site becomes available. Strategically located at the Strobridge exit off Interstate 580 in Castro Valley. The southeast corner of Castro Valley Boulevard and Stanton Avenue, this 1.35-acre parcel consisting of 10,097 square feet of building area has been home to Castro Valley Lumber for over 70 years.
The Lumberyard property is zoned as Regional Retail and Entertainment-this designation is intended to provide for and protect the existing commercial recreation and entertainment uses. Complementary retail, hospitality and office uses are allowed, and grandfathered use is lumber/home improvement. The site benefits from the immediate trade area, consisting of approximately 142,185 residents with an average household income of over $109,000.00. The daytime population within five minutes of the site is approximately 41,942.
Main Street Property Services has worked closely with Alameda County to gain support for the conversion of the site from a single tenant to multiple tenants with uses that fit within the grandfathered use. Alameda County Economic Development has recognized the Lumberyard project with a façade grant that may be utilized by the buyer to improve the facades, complete the Lumberyard project and unlock the potential of the property.