Property Details
About this Property
Prime mixed-use building with established tenant in Downtown Palo Alto, steps away from University Avenue. Well-maintained 12,300 sqft 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 restaurant occupies the first floor with a long-term lease. Exquisite traditional design with timeless trim work, moldings and paneling, recessed lighting, and sliding panels to create more intimate spaces for private dining. 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 workstations. Large walk-in refrigerator and 2 large bathrooms.The second floor has 6,150 sqft office space with separate entrance; was recently remodeled with wide-plank floors, high ceilings, modern industrial style. Remodeled kitchenette. Contemporary bathrooms with 3 stalls and elegant white, textured tiles. Blend of 5 enclosed rooms for offices or meetings, and wide-open concept workspace. Abundance of natural light throughout. Stairwells at front and back. Don't miss this exceptional investment opportunity!
MLS Listing Information
MLS #
ML81987991
MLS Source
MLSListings, Inc.
Days on Site
13
Commercial Information
Parking Spaces
0
Present Use
Business/Professional, Food Service
Utilities
Public Utilities, Water - Public
Interior Features
Cooling
Central Forced Air
Heating
Central Forced Air
Exterior Features
Roof
Other
Foundation
Slab, Other
Parking, School, and Other Information
Sewer
Public Sewer
Water
Public
Zoning
CDCGP
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
558-560 Waverley St is a Commercial Sale in Palo Alto, CA 94301. This 11,243 square foot property sits on a 6,151 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $21,999,000 and was built in 1938. This address can also be written as 558-560 Waverley St, Palo Alto, CA 94301.
©2024 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.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of December 13, 2024. For the most current information, please contact Annie Watson, (650) 380-9898
