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235 Alma St 3,940 SF Vacant Office Building Palo Alto, CA 94301 $3,940 ($1/SF)
Investment Highlights
- Unique Office or Live/Work Puchase Opportunity in Prime Downtown Palo Alto Location.
- Two freestanding buildings offering multiple office and flexible-use configurations.
- On-site parking complemented by abundant nearby street parking.
- Recently completed exterior renovations and brand-new interiors throughout the property.
- Prominent downtown Palo Alto location with a serene private setting.
- Close proximity to Palo Alto caltrain station.
Executive Summary
235 Alma Street offers a rare opportunity to own a unique office or live/work property in the heart of downtown Palo Alto. This meticulously updated property features two structures, totaling approximately 3,940 RSF, situated on a ±5,625 SF parcel. The main building spans multiple levels and includes freshly renovated interiors with clean, modern finishes, while the secondary structure provides adaptable office or flex space.
Recent exterior renovations and professional landscaping have created an inviting environment complemented by abundant natural light throughout both buildings. Onsite and nearby street parking options add convenience for occupants and visitors alike. The location offers unmatched connectivity with close proximity to the Palo Alto Caltrain Station, ensuring easy commuter access throughout the Peninsula and Silicon Valley.
Recent exterior renovations and professional landscaping have created an inviting environment complemented by abundant natural light throughout both buildings. Onsite and nearby street parking options add convenience for occupants and visitors alike. The location offers unmatched connectivity with close proximity to the Palo Alto Caltrain Station, ensuring easy commuter access throughout the Peninsula and Silicon Valley.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
3,940 SF
Building Class
C
Year Built
1911
Price
$3,940
Price Per SF
$1
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,725 SF
Building FAR
0.70
Lot Size
0.13 AC
Zoning
CD-N(P) - SFR use is legal non-conforming use - CA Senate Bill 79 (SB 79) applicable.
Amenities
- Conferencing Facility
- Courtyard
- Fireplace
- Signage
- Kitchen
- Central Heating
- Natural Light
- Reception
- Wi-Fi
- Air Conditioning
- Balcony
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Exceptional public transit
90/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 120-25-058 | Improvements Assessment | $267,053 |
| Land Assessment | $2,738,553 | Total Assessment | $3,005,606 |
Property Taxes
Parcel Number
120-25-058
Land Assessment
$2,738,553
Improvements Assessment
$267,053
Total Assessment
$3,005,606
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235 Alma St
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