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RJ DAILEY HQ. MUST SEE BRAND NEW INTERIORS... 401 1st St 2,550 SF Office Building Los Altos, CA 94022 $2,600,000 ($1,019.61/SF)
INVESTMENT HIGHLIGHTS
- 2,550 SF Office/Medical/Retail Building in Downtown Los Altos For Sale
- Currently Owner Occupied by RJ Dailey Construction an Ultra Luxury Home Builder
- 2,270 SF Ground Floor + 280 SF 2nd Floor
- Rare Owner User Opportunity – The Property will be Delivered Vacant at the Close of Escrow
- 3 Parking Spaces at the Rear of the Building
- Located on 1st Street in Downtown Los Altos Surrounded by Brand New Luxury Residential Projects
EXECUTIVE SUMMARY
- 2,550 SF Office/Medical/Retail Building in Downtown Los Altos on a 3,091 SF Lot.
- Rare Owner User Opportunity – The Property will be Delivered Vacant at the Close of Escrow.
- Currently Owner Occupied by RJ Dailey Construction an Ultra Luxury Home Builder.
- The Sellers have Done an Extensive Remodel, the Property is in Excellent Condition with Very High-End Finishes.
- 3 Parking Spaces at the Rear of the Building.
- 2,270 SF Ground Floor + 280 SF 2nd Floor.
- Zoning: CD/R3 - Commercial Downtown/Multiple-Family which Allows for Uses Such as Medical and Dental Offices, Office-administrative services, Business, professional, and trade schools, Retail and personal services, Residential only developments, Mixed use developments, Restaurants, and Many More.
- Located on 1st Street in Downtown Los Altos Surrounded by Brand New Luxury Residential Projects.
- Opportunity to Acquire a Prominent Building in Downtown Los Altos.
- Located in One of the Nations Highest Barrier to Entry Market.
- Rare Owner User Opportunity – The Property will be Delivered Vacant at the Close of Escrow.
- Currently Owner Occupied by RJ Dailey Construction an Ultra Luxury Home Builder.
- The Sellers have Done an Extensive Remodel, the Property is in Excellent Condition with Very High-End Finishes.
- 3 Parking Spaces at the Rear of the Building.
- 2,270 SF Ground Floor + 280 SF 2nd Floor.
- Zoning: CD/R3 - Commercial Downtown/Multiple-Family which Allows for Uses Such as Medical and Dental Offices, Office-administrative services, Business, professional, and trade schools, Retail and personal services, Residential only developments, Mixed use developments, Restaurants, and Many More.
- Located on 1st Street in Downtown Los Altos Surrounded by Brand New Luxury Residential Projects.
- Opportunity to Acquire a Prominent Building in Downtown Los Altos.
- Located in One of the Nations Highest Barrier to Entry Market.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
2,550 SF
Building Class
C
Year Built
1951
Price
$2,600,000
Price Per SF
$1,019.61
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,275 SF
Building FAR
0.82
Lot Size
0.07 AC
Zoning
CD - CD/R3 - Commercial Downtown/Multiple-Family
Parking
3 Spaces (1.18 Spaces per 1,000 SF Leased)
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Walk Score®
Walker's Paradise (90)
Bike Score®
Biker's Paradise (95)
PROPERTY TAXES
| Parcel Number | 167-41-020 | Improvements Assessment | $377,141 |
| Land Assessment | $275,952 | Total Assessment | $653,093 |
PROPERTY TAXES
Parcel Number
167-41-020
Land Assessment
$275,952
Improvements Assessment
$377,141
Total Assessment
$653,093
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RJ DAILEY HQ. MUST SEE BRAND NEW INTERIORS... | 401 1st St
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