This commercial property zoned CDN-P has an excellent downtown location and is situated on Alma St. with good visibility and offers many possibilities including using the existing structures or developing the property which could include a mixed use development with both office & residential. Buyer to investigate with the city of Palo Alto all building opportunities. The property currently has 2 buildings. The first front building was originally a residence that has a ground level and lower level plus a converted second level attic space. The front building is ~2,130 sq.ft. plus an attic office space currently leased not counted in the sq.ft. shown and the rear building is a single level structure with ~1,365 sq.ft. These two buildings have both been rented for years to different Silicon Valley companies including companies like Nest an other startups. Lot is ~5625 sq.ft. per County records. The 2nd level attic space in front building is leased but was given a 60 day notice to vacate.
MLS #
ML81790276
MLS Source
MLSListings, Inc.
Buyer's Brokerage Compensation*
2.50%
Parking Spaces
1
Present Use
Other
Utilities
Public Utilities, Water - Public
Flooring
Hardwood, Slate, Vinyl/Linoleum
Cooling
None
Heating
Other
Roof
Composition
Foundation
Other
Water
Public
Zoning
CDN-P
Listing Agent
John Forsyth James
Compass
License #: 01138400
Phone: (650) 218-4337
Co-Listing Agent
Lizbeth Rhodes
Compass
License #: 01179852
Phone: (650) 722-3000
235 Alma St is a Commercial Sale in Palo Alto, CA 94301. This 3,495 square foot property sits on a 5,625 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,600,000 and was built in 1911.
This address can also be written as 235 Alma St, Palo Alto, CA 94301.©2023 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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* The offer of compensation is made subject to the MLS rules where the listing is filed. Please contact your agent for any questions concerning this subject matter.
This listing information is up-to-date as of July 09, 2022. For the most current information, please contact John Forsyth James, (650) 218-4337