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801 E Charleston Rd
Palo Alto, CA 94303
Office Property For Sale
Investment Highlights
- Ideal for owner/user or investor - Add significant value through renovation or use as is
- Open plan with 6 offices, 2 conference rooms, server room, break room
- Google, Intuit, VMware, SAP, Microsoft and other major employers nearby
- Priced more than 30% below average price per square foot in Palo Alto
- Seller will lease back for up to 12 months or move out at close of escrow
- Alexandria REIT recently purchased 23 Acre SSL Campus down the street
Property Facts
Property Type
Office
Building Size
8,568 SF
Building Class
C
Year Built
1961
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,568 SF
Building FAR
0.73
Lot Size
0.27 AC
Zoning
GM - General Manufacturing; office use is permitted as a grandfathered use per section 19.20.060 of the municipal code
Parking
30 Spaces (3.5 Spaces per 1,000 SF Leased)
About 801 E CHARLESTON RD , PALO ALTO, CA 94303
The subject property is an 8,568 square foot, office building on a .25 acre parcel. The space features extensive window line on the 2nd floor over 1st floor covered parking. It is ideal for a single tenant; however, the rear portion has been leased to other tenants in the past. The design of the building is very efficient versus other multi-tenant buildings where tenants pay rent for common area hallways and lobbies which typically add 15% or more to the cost of occupancy. There is ample onsite, covered parking with approximately 3.5 spaces per 1000 or about 30 spaces.
Property Taxes
| Parcel Number | 127-37-014 | Improvements Assessment | $1,677,769 |
| Land Assessment | $4,167,363 | Total Assessment | $5,845,132 |
Property Taxes
Parcel Number
127-37-014
Land Assessment
$4,167,363
Improvements Assessment
$1,677,769
Total Assessment
$5,845,132
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