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447 Lambert Ave 9,496 SF Vacant Industrial Building Palo Alto, CA 94306 For Sale
Investment Highlights
- Mixed Use – 7,417 sf commercial building and 2 homes on 0.46-acres.
- Numerous redevelopment projects including the Fry’s site are poised to transform the neighborhood.
- Well suited for car collectors, automotive enthusiasts, specialty auto service operators, or more traditional commercial uses.
- CS zoning permits commercial and mixed-use residential development.
- Fully remodeled commercial space featuring elevated finishes, wet bar and a custom car lift.
- Add value and income by rehabbing the vacant home at 447 Lambert.
Executive Summary
in a neighborhood experiencing meaningful transformation. Nearby redevelopment activity, including the Fry’s redevelopment and other emerging projects, is helping
reshape the surrounding area and enhance the long-term appeal of this well-positioned mixed-use location.
The property is currently occupied by auto repair and high-end automobile storage/showroom uses, making it particularly well suited for car collectors, automotive enthusiasts, specialty auto service operators, or more traditional commercial users seeking a functional and flexible facility in one of Silicon Valley’s most desirable markets.
With CS zoning that permits commercial and mixed-use residential development, the site offers multiple paths to value creation. A future owner may have the opportunity to
enhance income by rehabbing the vacant residential building, repositioning or occupying existing improvements, or pursuing a broader redevelopment strategy that capitalizes
on the property’s location, zoning flexibility, and ongoing neighborhood momentum.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
This space features approximately 24-foot clear height and includes a vehicle lift for specialized operational needs. The interior layout incorporates office space, a private restroom, kitchen area, and dedicated storage. The combination of warehouse functionality and office improvements supports a variety of business operations. The efficient configuration allows users to blend administrative and operational activities within one location.
This two-story space features high-end interior finishes and a custom vehicle lift. The second-floor area is complemented by glass and metal railings that create an open, modern environment. Interior improvements include a wet bar, in-ceiling speakers, projector system, and a full bathroom with shower. The layout supports a mix of showroom, creative workspace, executive office, or specialty operational uses.
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl - 439 | 2,654 SF | Industrial | Full Build-Out | Now |
| 1st Fl - 445 | 4,763 SF | Industrial | Full Build-Out | Now |
1st Fl - 439
| Size |
| 2,654 SF |
| Space Use |
| Industrial |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl - 445
| Size |
| 4,763 SF |
| Space Use |
| Industrial |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl - 439
| Size | 2,654 SF |
| Space Use | Industrial |
| Build-Out | Full Build-Out |
| Available | Now |
This space features approximately 24-foot clear height and includes a vehicle lift for specialized operational needs. The interior layout incorporates office space, a private restroom, kitchen area, and dedicated storage. The combination of warehouse functionality and office improvements supports a variety of business operations. The efficient configuration allows users to blend administrative and operational activities within one location.
1st Fl - 445
| Size | 4,763 SF |
| Space Use | Industrial |
| Build-Out | Full Build-Out |
| Available | Now |
This two-story space features high-end interior finishes and a custom vehicle lift. The second-floor area is complemented by glass and metal railings that create an open, modern environment. Interior improvements include a wet bar, in-ceiling speakers, projector system, and a full bathroom with shower. The layout supports a mix of showroom, creative workspace, executive office, or specialty operational uses.
Property Taxes
| Parcel Number | 132-39-071 | Improvements Assessment | $492,328 |
| Land Assessment | $2,090,868 | Total Assessment | $2,583,196 |
Property Taxes
Contact the Sale Advisor
447 Lambert Ave