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$8,500,000

Est. payment - /mo

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9,721 SqFt

Active

241 El Camino Real Menlo Park, CA 94025

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Graeham Watts

graehamwatts@gmail.com +1(650) 308-4727

UPDATED:

12/15/2024 03:30 PM

Key Details

Property Type Commercial

Sub Type Commercial Property

Listing Status Active

Purchase Type For Sale

Square Footage 9,721 sqft

Price per Sqft $874

MLS Listing ID ML81972270

Year Built 1914

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 Allied Arts / Downtown

Zoning SP-ECR-D

Interior

Heating Central Forced Air

Cooling Central AC, Window / Wall Unit

Exterior

Parking Features Assigned Spaces, Off-Street Parking, Parking Restrictions

Utilities Available Individual Electric Meters, Public Utilities, Other

Roof Type Shingle

Present Use Mixed,Office,Residential,Other

Building

Story 2

Foundation Concrete Slab

Sewer Sewer - Public

Water Individual Water Meter, Public

Level or Stories 2

Others

Restrictions Parking Restrictions

Tax ID 071-413-360

Security Features Fire System - Sprinkler

Special Listing Condition Not Applicable

Listed by Annie Watson • Coldwell Banker Realty

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Graeham Watts

Realtor | License ID: 01466876

+1(650) 308-4727

241 El Camino Real Menlo Park, CA 94025

Graeham Watts

Key Details

Location

Interior

Exterior

Building

Others

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241 El Camino Real