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2750 Middlefield Rd 2,473 SF 100% Leased Office Building Palo Alto, CA 94306 $3,000,000 ($1,213.10/SF)
Executive Summary
ADDRESS: 2750 Middlefield Rd, Palo Alto, CA 94306
APN: 132-02-060
BUILDING SIZE: ±2,328 Sq. Ft.
PARCEL SIZE: ±12,197 Sq. Ft. / 0.28 Acre (Per Public Record)
ZONING: CN(GF/P) (Neighborhood Commercial + Ground Floor & Pedestrian Shopping Combining Districts)
PRICE: $3,000,000
Premier Properties, as the exclusive listing broker, is pleased to present the opportunity to acquire the two-story office/retail building located at 2750 Middlefield Rd, Palo Alto. This property is ideally situated on a high-visibility corner in Midtown and boasts abundant on-site parking. The building is fully-leased with retail on the ground floor and office on the second floor. The owner enjoys added rental income from the ATM machine at the building.
2750 Middlefield Rd presents a unique opportunity to purchase a fully-leased Palo Alto building with future development potential.
APN: 132-02-060
BUILDING SIZE: ±2,328 Sq. Ft.
PARCEL SIZE: ±12,197 Sq. Ft. / 0.28 Acre (Per Public Record)
ZONING: CN(GF/P) (Neighborhood Commercial + Ground Floor & Pedestrian Shopping Combining Districts)
PRICE: $3,000,000
Premier Properties, as the exclusive listing broker, is pleased to present the opportunity to acquire the two-story office/retail building located at 2750 Middlefield Rd, Palo Alto. This property is ideally situated on a high-visibility corner in Midtown and boasts abundant on-site parking. The building is fully-leased with retail on the ground floor and office on the second floor. The owner enjoys added rental income from the ATM machine at the building.
2750 Middlefield Rd presents a unique opportunity to purchase a fully-leased Palo Alto building with future development potential.
Property Facts Under Contract
Sale Type
Investment
Property Type
Office
Building Size
2,473 SF
Building Class
B
Year Built/Renovated
1975/2001
Price
$3,000,000
Price Per SF
$1,213.10
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,995 SF
Building FAR
0.20
Lot Size
0.28 AC
Zoning
CN, Palo Alto - Commercial
Parking
19 Spaces (7.27 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Walk Score®
Very Walkable (78)
Bike Score®
Biker's Paradise (97)
Property Taxes
| Parcel Number | 132-02-060 | Improvements Assessment | $97,932 |
| Land Assessment | $843,829 | Total Assessment | $941,761 |
Property Taxes
Parcel Number
132-02-060
Land Assessment
$843,829
Improvements Assessment
$97,932
Total Assessment
$941,761
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2750 Middlefield Rd
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