Property Details
About this Property
The property has an excellent location one block off University Avenue in downtown Palo Alto. The building is also a short distance from Stanford University, the Stanford Research Park, and Stanford Shopping Center. The building is configured with two tenant spaces. 127 Lytton Avenue is built out with office space and is currently vacant; 129 Lytton Avenue is leased to Darbar Indian Cuisine through April 2024. The site is one-half block from the Palo Alto Caltrain station and Palo Alto Transit Center, making the property easily accessible from public transit. The transit center has connections to VTA, SamTrans, AC Transit, Dumbarton Express, and Stanford Marguerite buses and shuttles. With one space currently vacant and the other on a short-term lease, the building has appeal to owner/users and value-add investors alike. Additionally, the property has the potential to be redeveloped at a higher density with a commercial or mixed-use project.
MLS Listing Information
MLS #
ML81927084
MLS Source
MLSListings, Inc.
Commercial Information
Parking Spaces
0
Present Use
Commercial, Office
Utilities
Public Utilities, Water - Public
Interior Features
Flooring
Carpet, Laminate, Tile
Cooling
Multi-Zone
Heating
Central Forced Air
Exterior Features
Roof
Elastomeric, Bitumen
Foundation
Slab
Parking, School, and Other Information
Sewer
Public Sewer
Water
Public
Zoning
CD-C (P), Downtown Commer
Contact Information
Listing Agent
Joshua Johnson
Marcus & Millichap
License #: 01930127
Phone: (650) 391-1784
Co-Listing Agent
David Cutler
Marcus & Millichap
License #: 01514751
Phone: (650) 391-1753
Neighborhood: Around This Home
Neighborhood: Local Demographics
127 Lytton Ave is a Commercial Sale in Palo Alto, CA 94301. This 4,650 square foot property sits on a 4,650 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,000,000 and was built in 1946. This address can also be written as 127 Lytton Ave, Palo Alto, CA 94301.
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This listing information is up-to-date as of November 28, 2024. For the most current information, please contact Joshua Johnson, (650) 391-1784
