Palo Alto, CA94306
| 6186 sqft | MLS# ML81959014
Tract:
For Sale $8,000,000
Description
Building + 2 Businesses For Sale in A+ location. Incredible owner-user or investor opportunity in a high-traffic, A+ location. Sale includes a freestanding building and two well-established businesses: 1) Full-service Grocery Market 2)Flower & Gift Shop. Both businesses are thriving and open 7 days a week, offering: Fresh produce, frozen dinners, ice cream, wine & beer, household essentials, pots, flowers, and gifts. Additional revenue from ATM, liquor sales, lottery tickets, and a Village Post Office. Whether you're looking to operate turnkey or redevelop, this property delivers on all fronts. Perfect for mixed-use development. To properly calculate value, factor in the land, both businesses, and the vertical land rights. Most mix use development projects on El Camino Real are going at least 5 floors. Please have the buyer verify with the city of Palo Alto how high one can build at this location. Serious buyers only. NDA + Proof of Funds with all offers submitted. Schedule all appointments with agent. This sale of these two buildings includes the real estate which is a building with to APN Numbers. Seller willing to consider credits or concessions.
Facts
| Built in 0 | Lot Size: sqft | HOA Dues: $0/month
Features
Listing provided by Grail Nitsch, Legacy Real Estate & Associates
Based on information from California Regional Multiple Listing Service, Inc. as of July 18, 2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.