Luxury Live Auction! Bidding to start from $10,000,000.00! Prime mixed-use building with established tenant in Downtown Palo Alto, steps away from University Avenue. Well-maintained 12,300 sq ft two-story building with 50 ft frontage on Waverley Street in the heart of Palo Alto Commercial District, conveniently adjacent to large public parking… Read More lot. Acclaimed high end restaurant occupies the first floor with a long-term lease. Exquisite timeless design. 168 seating capacity. Full bar with stone countertop. Wine wall. Expansive modern professional kitchen, over 2,000 sq ft, all stainless steel counters and shelving; sinks and appliances including multiple ovens, gas burners, fryers, steamers and wok stations. Large walk-in refrigerator and 2 large bathrooms. The second floor has 6,150 sq ft office space with separate entrance; was recently remodeled with wide-plank floors, high ceilings, modern industrial style with exposed ducts and beams. Remodeled kitchenettes and bathrooms. 5 enclosed rooms for offices or meetings, and wide-open concept workspace. Natural light throughout. Stairwells at front and back. Don't miss this exceptional investment opportunity! Read Less
Courtesy of Coldwell Banker Realty, Annie Watson (650)380-9898
Listing Snapshot
Days Online
67
Last Updated
Property Type
Commercial Property
Square Ft.
11,243
Lot Size
0.14 Acres
Year Built
1938
MLS Number
ML82024271
30 Days Snapshot Of 94301
$5.61M
+46%
(avg) sold price
13
-31%
homes sold
104
+333%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 6151.00, Max Area Units: Square Feet, 0 yard square feet, Lot is 0.14120752984389 acres
Accessibility Features
Other
Building
11,243 structure square feet, 11,243 net leasable square feet, 0 warehouse square feet, Built in 1938, Age: 87, Business type: Food Services, Office Building, Rental, Restaurant
Cooling
Central AC
Foundation
Concrete Perimeter
Garage
Common Parking Area, On Street, Parking Area, Parking Restrictions
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than the office represented by this website are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings last updated on .
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