Active
558-560 Waverley ST
PALO ALTO CA, 94301
$21,999,000
$1,956.68 per sqft
Active
11,243 sqft
Commercial
Built in 1938
Listed by Coldwell Banker Realty, Annie Watson, Listing Contact: 6503809898
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!
ML81987991
MLSⓇ ID
December 6, 2024
Listed
December 13, 2024
Updated
Map
558-560 Waverley ST
PALO ALTO CA, 94301
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.14 Acres
Sewer
Public Sewer
Other Property Details
Area Name
Downtown Palo Alto
Garage
No
View
No
County
Santa Clara
Water Source
Public
Pool
No
Zoning
CDCGP
Listed by Coldwell Banker Realty, Annie Watson,
Listing Contact: 6503809898
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Data last updated 8:07 PM UTC, 12/13/2024