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$ 3,300,000
Est. payment /mo
Pending
2220 University AVE East Palo Alto, CA 94303
5,102 SqFt
UPDATED:
12/19/2024 09:20 PM
Key Details
Property Type Commercial
Sub Type Commercial Property
Listing Status Pending
Purchase Type For Sale
Square Footage 5,102 sqft
Price per Sqft $646
MLS Listing ID ML81981182
Year Built 2003
Lot Size 0.437 Acres
Property Description
Wonderful Opportunity in prime East Palo Alto location. Currently used as a very successful restaurant for more than 20 years, this property has many elements of success. The location is exceptional: minutes from Facebook/Meta HQ, Google Campus, Stanford University, Menlo College, and downtown Palo Alto. Highway 101 is two blocks away. San Francisco International Airport is 18.2 miles to the north, while downtown San Jose is 22.1 miles to the south. The primary tenant is a very successful full-service restaurant with expanded seating areas inside and out, a large kitchen area with 2 prep sites & 2 cooking sites, 2 walk-in refrigerators, multiple storage areas, 2 offices, and 2 restrooms for the clientele. The secondary is a church with capacity for approxiately 80 people. The space consists of a congregation area, a performance stage, a lighting & audio area, a kitchen/coffee bar area, a nursery, an office, and an outdoor area. The property will be delivered vacant at the close of escrow.
Location
State CA
County San Mateo
Area East Of U.S. 101 East Palo Alto
Zoning MUC-1
Interior
Heating Central Forced Air
Cooling Central AC
Exterior
Parking Features Parking Area
Utilities Available Public Utilities
Roof Type Flat / Low Pitch
Present Use Church,Retail
Building
Story 1
Foundation Concrete Slab
Sewer Sewer - Public
Water Public
Level or Stories 1
Others
Restrictions None
Tax ID 063-331-410
Security Features Video / Audio System
Special Listing Condition Not Applicable
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Listed by Robert Godar • Intero Real Estate Services