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Lesmore M. Barker

lesmore@lesmorebarker.com +1(415) 549-1299

$ 3,500,000

Est. payment -/mo

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Active

37501 Niles Blvd Fremont, CA 94536

9,306 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,306 sqft

Price per Sqft $376

Subdivision Niles Blvd.

MLS Listing ID 41150738

HOA Y/N No

Year Built 1906

Lot Size 7,500 Sqft

Acres 0.17

Property Sub-Type Multi Family

Property Description

Unmatched Commercial Footprint on Niles Boulevard. Seize the ultimate investment opportunity with this iconic commercial building located in the heart of Fremont's historic Niles District. Strategically positioned just steps away from the legendary Historic Niles Hotel building, this property enjoys prime real estate placement amid the town's highest-velocity foot traffic corridor. Featuring expansive glass storefront windows, classic architectural details that respect the neighborhood'sHistorical Overlay District (HOD) zoning, and flexible floor plans, the building is tailored for premier retail, dining, or boutique business use. Visitors flocking to the district for high tea experiences, antique shopping, and landmark tourism will pass your front doors daily. Benefiting from ample local parking and incredible visual synergy with Niles' most celebrated destinations, this is a generational acquisition chance in one of the East Bay's most coveted historic districts. The Anchored Commercial Space: The ground floor is proudly anchored by the famous Thyme for Tea & Co., a beloved Victorian tea room and cafe that serves as a cornerstone tourist and community destination. This highly visible storefront features expansive glass display windows and draws steady, high-velocity foot traffic from visitors arriving for high tea experiences, antique shopping, and local historical landmark tourism. The Residential Portfolio: Perfectly balanced above the commercial space are 10 residential units. These highly rentable apartment spaces enjoy low historically recorded vacancy rates, offering an immediate and dependable secondary revenue stream. Residents benefit from the vibrant, walkable neighborhood right outside their door while being less than 3 miles from the Fremont BART Station, providing an ideal commuter link to Silicon Valley and the greater East Bay. Building is supplied with its fully owned and operated solar array which helps keep the owners operational costs down. The building also benefits from Seismic retrofitting and general building improvements. Whether you are looking for a trophy property to anchor a portfolio or a high-yield asset with a legendary commercial tenant, this Niles building stands completely unmatched. Showings are strictly by appointment only. Please do not disturb the current cafe operations, staff, or residential tenants.

Location

State CA

County Alameda

Rooms

Basement Other, Partial

Interior

Interior Features Updated Kitchen

Heating Forced Air, MultiUnits

Cooling None

Flooring Hardwood, Carpet, Wood

Fireplace No

Appliance Dryer, Washer

Laundry Coin Operated, Dryer, Laundry Closet, Laundry Equip - Owned, Washer, Washer/Dryer Hookups

Exterior

Utilities Available All Utilities

View Y/N true

View City Lights, Downtown, Hills, Partial, Pasture, Ridge, Trees/Woods

Handicap Access Other

Building

Lot Description Level, Premium Lot, Rectangular Lot, Paved, Street Light(s)

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 5072951

© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

Listed by Gaylen Roberts • KW Advisors East Bay

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Phone

+1(415) 549-1299

lesmore@lesmorebarker.com

Address

California 94607, USA