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Highlights

  • Approximately eight on-site parking spaces and a second-floor mezzanine for extra workspace.
  • Surrounded by Downtown Restaurants and Amenities
  • High Identity Building with Excellent Signage Opportunities
  • Located in Downtown Palo Alto, three blocks from Caltrain, surrounded by dining and amenities.
  • Three Blocks from CalTrain Station

All Available Space(1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor, Mezzanine
  • 4,228 SF
  • Negotiable
  • $71.40 /SF/YR $5.95 /SF/MO $301,879 /YR $25,157 /MO
  • Office
  • Full Build-Out
  • Now

The 2 spaces in this building must be leased together, for a total size of 4,228 SF (Contiguous Area):

1st Floor - 2,902 SF
Mezzanine - 1,326 SF

This single-tenant opportunity in downtown Palo Alto offers approximately 4,228 square feet of adaptable space suitable for office, retail, restaurant, or fitness use. Currently configured as office space, the property can be delivered fully furnished and includes two private offices, two conference rooms, and a large kitchenette, creating an efficient working environment for a variety of professional or customer-facing operations.

  • Lease rate does not include utilities, property expenses or building services
  • Open Floor Plan Layout
  • 2 Private Offices
  • Space is in Excellent Condition
  • Natural Light
  • Fits 4 - 11 People
  • Fully Built-Out as Standard Office
  • Fits 8 - 24 People
  • 2 Conference Rooms
  • High Ceilings
  • Open-Plan
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor, Mezzanine 4,228 SF Negotiable $71.40 /SF/YR $5.95 /SF/MO $301,879 /YR $25,157 /MO Office Full Build-Out Now

1st Floor, Mezzanine

The 2 spaces in this building must be leased together, for a total size of 4,228 SF (Contiguous Area):

Size
1st Floor - 2,902 SF
Mezzanine - 1,326 SF
Term
Negotiable
Rental Rate
$71.40 /SF/YR $5.95 /SF/MO $301,879 /YR $25,157 /MO
Space Use
Office
Build-Out
Full Build-Out
Available
Now

1st Floor, Mezzanine

The 2 spaces in this building must be leased together, for a total size of 4,228 SF (Contiguous Area):
Size
1st Floor - 2,902 SF
Mezzanine - 1,326 SF
Term Negotiable
Rental Rate $71.40 /SF/YR
Space Use Office
Build-Out Full Build-Out
Available Now

This single-tenant opportunity in downtown Palo Alto offers approximately 4,228 square feet of adaptable space suitable for office, retail, restaurant, or fitness use. Currently configured as office space, the property can be delivered fully furnished and includes two private offices, two conference rooms, and a large kitchenette, creating an efficient working environment for a variety of professional or customer-facing operations.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Office
  • Open Floor Plan Layout
  • Fits 8 - 24 People
  • 2 Private Offices
  • 2 Conference Rooms
  • Space is in Excellent Condition
  • High Ceilings
  • Natural Light
  • Open-Plan
  • Fits 4 - 11 People

Property Overview

Located just three blocks from the Palo Alto Caltrain Station, the property provides exceptional accessibility for commuting employees and visiting clients. The building features an open layout with expansive glass line and skylights, ensuring abundant natural light throughout the interior, as well as high ceilings conducive to a modern workspace design. A mezzanine level offers additional functional space, while approximately eight on-site parking spaces provide rare convenience for downtown Palo Alto.

  • 24 Hour Access
  • Commuter Rail
  • Signage
  • Kitchen
  • Fully Carpeted
  • High Ceilings
  • Hardwood Floors
  • Air Conditioning
  • Balcony

Property Facts

Building Type
Office
Year Built
1958
Building Height
1 Story
Building Size
4,228 SF
Building Class
B
Typical Floor Size
4,228 SF
Parking
8 Surface Parking Spaces
Covered Parking
Exceptionally walkable
90/100
Moderately drivable
60/100
Good public transit
70/100
Exceptionally bikeable
90/100
  • Listing ID: 14119900

  • Date on Market: 6/2/2026

  • Last Updated:

  • Address: 203 Forest Ave, Palo Alto, CA 94301

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