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695 Oak Grove Ave 1,722 SF Medical Condo Unit Offered at $2,495,000 in Menlo Park, CA 94025
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Property Facts
| Total Building Size | 17,835 SF | Typical Floor Size | 5,945 SF |
| Property Type | Office (Condo) | Year Built | 1984 |
| Property Subtype | Medical | Lot Size | 0.14 AC |
| Building Class | B | Parking Ratio | 0.84/1,000 SF |
| Floors | 3 | ||
| Zoning | CL-C3, Menlo Park - Medical | ||
| Total Building Size | 17,835 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 5,945 SF |
| Year Built | 1984 |
| Lot Size | 0.14 AC |
| Parking Ratio | 0.84/1,000 SF |
| Zoning | CL-C3, Menlo Park - Medical |
Amenities
- Signage
- Natural Light
1 Unit Available
Unit 300
| Unit Size | 1,722 SF | Sale Type | Investment |
| Price | $2,495,000 | Cap Rate | 5.82% |
| Price Per SF | $1,448.90 | NOI | $145,324 |
| Condo Use | Medical | APN/Parcel ID | 114-320-060 |
| Unit Size | 1,722 SF |
| Price | $2,495,000 |
| Price Per SF | $1,448.90 |
| Condo Use | Medical |
| Sale Type | Investment |
| Cap Rate | 5.82% |
| NOI | $145,324 |
| APN/Parcel ID | 114-320-060 |
Description
Excellent glass line facing Oak Grove Avenue on highest floor of building. Leased to a long-established dental practice through July 2030. Very modern dental build out with 5 operatories, internal restroom, lab, office and two doors to common corridor.
Sale Notes
Very rare opportunity to purchase leased commercial in the heart of downtown Menlo Park. Tenant has Right of First Refusal over prospective sale with 5 days notice.
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Very walkable
80/100
Moderately drivable
60/100
Good public transit
70/100
Very bikeable
80/100
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695 Oak Grove Ave
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