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1120-1122 Crane St 8,000 SF Office Building Menlo Park, CA 94025 For Sale
Investment Highlights
- 7,900 SF Mixed-Use Building In Downtown Menlo Park.
- The second-floor office is fully leased through June 2027 to AJ Tutoring, the Bay Area’s preeminent tutoring firm.
- 1120 Crane Street serves a trade area with median household income exceeding $215,000 and average home values over $3.25M.
- Vacant Ground Floor Restaurant Space with Full Build-Out In Place.
- The ±3,950 SF ground-floor space is fully builtout restaurant infrastructure.
Executive Summary
CBRE is pleased to present 1120 Crane Street, a ±7,900 SF mixed-use building in the heart of Downtown Menlo Park. The ±3,950 SF ground-floor restaurant—formerly Carpaccio—is vacant and fully built-out. The ±3,950 SF second-floor office suite is 100% leased through June 2027. Conveniently located near Atherton, Palo Alto, and Woodside, this asset offers a rare opportunity in the Bay Area’s most affluent and supply-constrained submarket.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
8,000 SF
Building Class
C
Year Built
1969
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
4,000 SF
Slab To Slab
9’
Building FAR
2.08
Lot Size
0.09 AC
Zoning
CL00C3
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Exceptionally walkable
90/100
Moderately drivable
60/100
Good public transit
60/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 071-094-130 | Improvements Assessment | $1,493,028 |
| Land Assessment | $947,484 | Total Assessment | $2,440,512 |
Property Taxes
Parcel Number
071-094-130
Land Assessment
$947,484
Improvements Assessment
$1,493,028
Total Assessment
$2,440,512
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1120-1122 Crane St
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