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316 State St
Los Altos, CA 94022
316 State Street, Los Altos, CA · Office Property For Sale

INVESTMENT HIGHLIGHTS

  • Simply put, the nicest small building in downtown Los Altos. Building for sale at $6,820,000. 2nd floor office available for lease at $6.75 NNN/rsf.
  • Owner occupant 2nd floor open office opportunity: 3,065 rsf available July 1, 2020 (1,624 rsf & 1,441 rsf , can be easily re-combined)
  • Class A elevator. Slate flooring in common areas. Floor-to-ceiling windows in each suite.

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
4,968 SF
Building Class
B
Year Built
2012
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,484 SF
Slab To Slab
13’
Building FAR
1.90
Lot Size
0.06 AC
Zoning
CRS - City of Los Altos - Commercial Retail Services

AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Security System
  • Wi-Fi
  • Air Conditioning

ABOUT 316 STATE ST , LOS ALTOS, CA 94022

• +4,968 sf elevator-served, 2-story property in the heart of Los Altos' downtown triangle. Architecturally designed by Habitec of San Jose. Located at 316 State Street between First Street and Second Street. • Building for sale at $6,820,000. 2nd floor office suites are available for lease at $6.75 NNN per rentable square foot (rsf) • High-end finishes throughout. Slate floors and stainless steel hardware in all common areas, including in the elevator cab. A $30,000 stainless steel hand rail showcases the stairway to the 2nd floor. There are three (3) beautiful restrooms with granite counters, brass floor drains, "no-touch" fixtures and LED back-lit mirrors. • Each of the four suites (2 are ground floor retail and 2 are 2nd floor office) has its own PG&E meter, a dedicated 4-ton HVAC unit and floor-to-ceiling store-front windows. Card key entry system. Primarily open-office configuration. The building is fully fire-sprinklered. • Main entrance is from State Street, with the rear entrance from Plaza North, an adjacent City of Los Altos free parking plaza. There are more than 425 free parking spaces within 2 blocks. • APN: 167-39-034. City of Los Altos Commercial Retail Sales Zoning. • 1st Floor: ± 1,851 rsf for retail and/or services. 2nd Floor: ± 3,065 rsf currently configured as two open-office suites that can be easily re-combined. Suite 200 has dual motorized floor-to-ceiling shades. • Located across the street from Peet's. 1/2 block to both Starbucks and Safeway. Numerous excellent restaurants are nearby.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
167-39-034
Land Assessment
$2,543,714
Improvements Assessment
$4,708,579
Total Assessment
$7,252,293
  • Listing ID: 18116858

  • Date on Market: 1/7/2020

  • Last Updated:

  • Address: 316 State St, Los Altos, CA 94022

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