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199 1st St 26,400 SF 100% Leased 4-Star Office Building Los Altos, CA 94022 For Sale



Investment Highlights
- Flexible site characteristics suitable for multiple commercial applications.
- Surrounded by retail, dining, and service amenities that support tenant attraction.
- Positioned in a growth-oriented market with favorable economic indicators.
- Located within a well-established commercial district with strong demand drivers.
Executive Summary
This property presents a compelling opportunity for investors seeking a well-positioned asset in a dynamic market. Located in a high-demand area with strong connectivity, the site benefits from proximity to major transportation routes, established commercial corridors, and a robust local economy. The property’s location supports a diverse range of potential uses, making it suitable for long-term value creation and operational flexibility.
Surrounding amenities include retail centers, dining options, and essential services, enhancing the property’s appeal to both tenants and end-users. The area’s consistent growth trajectory and access to a skilled workforce further strengthen its investment profile. With favorable market fundamentals and a strategic position within a thriving business environment, this asset offers an attractive platform for capital appreciation and income stability.
Surrounding amenities include retail centers, dining options, and essential services, enhancing the property’s appeal to both tenants and end-users. The area’s consistent growth trajectory and access to a skilled workforce further strengthen its investment profile. With favorable market fundamentals and a strategic position within a thriving business environment, this asset offers an attractive platform for capital appreciation and income stability.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
26,400 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1962/2021
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
8,800 SF
Building FAR
2.89
Lot Size
0.21 AC
Zoning
CRS - Commercial Retail Sales
1 1
Exceptionally walkable
90/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 167-39-155 | Improvements Assessment | $15,478,335 |
| Land Assessment | $14,140,842 | Total Assessment | $29,619,177 |
Property Taxes
Parcel Number
167-39-155
Land Assessment
$14,140,842
Improvements Assessment
$15,478,335
Total Assessment
$29,619,177
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Contact the Sale Advisor
199 1st St
