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558-560 Waverley St
Palo Alto, CA 94301
RARE 12,300 SF RETAIL/OFFICE OWNER USER · Retail Property For Sale
Investment Highlights
- Rare 12,300 SF Retail/Office Owner User/Investment Opportunity
- 50% Leased – Rare Owner User Opportunity to Occupy the 2nd Floor Office Space and Have the Income from Tai Pan Offset the Mortgage Cost
- Irreplaceable Trophy Asset - Generational Opportunity to Acquire a Prominent Building in Downtown Palo Alto
- 2 Unit Building Totaling 12,300 SF (6,150 SF Ground Floor Restaurant Leased to Tai Pan & a 6,150 SF 2nd Floor Office Which is Vacant)
- Adjacent to the Hamilton/Waverley City Parking Lot with Ample Parking
- Located on the Corner of Waverley Street & Hamilton Avenue, 3 Buildings Away from University Avenue
Property Facts
Property Type
Retail
Property Subtype
Building Size
12,650 SF
Building Class
B
Year Built
1938
Percent Leased
5%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.06
Lot Size
0.14 AC
Zoning
CD-C (GF)(P) - Downtown Commercial District
Frontage
50’ on WAVERLEY ST
Amenities
- Restaurant
- Signage
Property Taxes
| Parcel Number | 120-15-085 | Improvements Assessment | $3,706,854 |
| Land Assessment | $4,166,449 | Total Assessment | $7,873,303 |
Property Taxes
Parcel Number
120-15-085
Land Assessment
$4,166,449
Improvements Assessment
$3,706,854
Total Assessment
$7,873,303
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