Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Sq.Footage
N/A
Building + 2 Businesses For Sale in A+ location. Incredible owner-user or investor opportunity in a high-traffic, A+ location. Sale includes a freestanding building and two well-established businesses: 1) Full-service Grocery Market 2)Flower & Gift Shop. Both businesses are thriving and open 7 days a week, offering: Fresh produce, frozen dinners, ice cream, wine & beer, household essentials, pots, flowers, and gifts. Additional revenue from ATM, liquor sales, lottery tickets, and a Village Post Office. Whether you're looking to operate turnkey or redevelop, this property delivers on all fronts. Perfect for mixed-use development. To properly calculate value, factor in the land, both businesses, and the vertical land rights. Most mix use development projects on El Camino Real are going at least 5 floors. Please have the buyer verify with the city of Palo Alto how high one can build at this location. Serious buyers only. NDA + Proof of Funds with all offers submitted. Schedule all appointments with agent. This sale of these two buildings includes the real estate which is a building with to APN Numbers.
Features & Amenities
Interior
Area & Lot
-
Lot Size(acres)
0.2095
-
Property Type
Business Opportunity
Exterior
-
Garage
No
Financial
-
Sales Price
$8,000,000
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Location
County
Santa Clara
Elementary School
Middle School
High School
Listing Courtesy of Grail Nitsch , Legacy Real Estate & Associates
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