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2220 University AVE East Palo Alto, CA 94303
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Key Details
Sold Price $3,300,000
Property Type Other Types
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 5,102 sqft
Price per Sqft $646
MLS Listing ID 81981182
Sold Date 12/20/24
HOA Y/N No
Year Built 2003
Lot Size 0.437 Acres
Acres 0.437
Property Sub-Type Other
Property Description
Wonderful Opportunity in prime East Palo Alto location. Currently used as a very successful restaurant for more than 20 years, this property has many elements of success. The location is exceptional: minutes from Facebook/Meta HQ, Google Campus, Stanford University, Menlo College, and downtown Palo Alto. Highway 101 is two blocks away. San Francisco International Airport is 18.2 miles to the north, while downtown San Jose is 22.1 miles to the south. The primary tenant is a very successful full-service restaurant with expanded seating areas inside and out, a large kitchen area with 2 prep sites & 2 cooking sites, 2 walk-in refrigerators, multiple storage areas, 2 offices, and 2 restrooms for the clientele. The secondary is a church with capacity for approxiately 80 people. The space consists of a congregation area, a performance stage, a lighting & audio area, a kitchen/coffee bar area, a nursery, an office, and an outdoor area. The property will be delivered vacant at the close of escrow.
Location
State CA
County San Mateo
Area East Of Us 101 East Palo Alto
Zoning MUC-1
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Utilities Available Other
Roof Type Flat
Handicap Access Parking
Total Parking Spaces 26
Building
Story 1
Foundation Concrete, Slab
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 063331410
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