963-973 Fremont Ave | Los Altos, CA 94024
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- LoopNet Team
963-973 Fremont Ave
Los Altos, CA 94024
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Situated in the heart of Los Altos, a vibrant and affluent community known for its high-quality retail and dining options.
- Bicycle Outfitters has been in the space for 20+ years and recently exercised a new 5 year option showing their commitment to the market and building
- Los Altos residents are known to support local businesses, fostering a strong sense of community and repeat patronage
- The Property is being sold for well below replacement cost providing significant upside potential once the lease expires.
- Retail lease rates in Los Altos are among the highest in the Bay Area, reflecting the desirability of the market
- Purchasing a bicycle is still an “Amazon proof” business
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,978 SF
Building Class
C
Year Built
1948
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.54
Lot Size
0.25 AC
Zoning
CN
Parking
8 Spaces (1.34 Spaces per 1,000 SF Leased)
Frontage
91’ on Fremont Ave
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $137,606 | |
| Land Assessment | $110,326 | Total Assessment | $247,932 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$110,326
Improvements Assessment
$137,606
Total Assessment
$247,932
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