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$8,500,000
Est. payment /mo
0.46 Acres Lot
UPDATED:
12/15/2024 10:24 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81972270
HOA Y/N No
Year Built 1914
Annual Tax Amount $105,679
Lot Size 0.456 Acres
Property Description
Prime location with over 160+ of El Camino frontage! Heavy day and night pedestrian and car traffic. Mixed-use building with diversified set of long-term tenants. Vintage character with all modern amenities. Very well maintained and upgraded over the years. Class A, ADA compliant, +/- 5,065 sqft office space downstairs. Remodeled in 2019 and 2022 with industrial design, 10 ceilings, open office layout, polished concrete floors, contemporary kitchen and bathroom, glass conference rooms and private 600 sqft outdoor patio. Commercial anchor tenant lease ends in 2027. 3 spacious residential units upstairs in great condition, updated with A/C, newer vinyl floors, paint and countertops. No current vacancies. Ample parking. Downtown Menlo Park location on main thoroughfare to Stanford Shopping Center, Stanford University, and Palo Alto. Easy access to Sand Hill Road and leading tech campuses. Dont miss this exceptional investment opportunity!
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning SP-ECR-D
Interior
Heating Central
Cooling Central Air, Wall/Window Unit(s)
Fireplace No
Exterior
Utilities Available Other
Roof Type Shingle
Present Use Residential
Total Parking Spaces 34
Building
Story 2
Water Public
Others
Tax ID 071413360
Security Features Fire Sprinkler System
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Listed by Annie Watson • Coldwell Banker Realty