Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1938
Sq.Footage
N/A
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 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!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air
-
Heating YN
YES
-
Heating
Central
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.1412
-
Property Type
Commercial Sale
Price
-
Sales Price
$10,000,000
-
Tax Amount
102768.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Water Source
Public
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Location
County
Santa Clara
Elementary School
Middle School
High School
Listing Courtesy of Annie Watson , Coldwell Banker Realty
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