235 Alma St - Office/Residential FOR SALE


Palo Alto, CA 94301- Downtown Palo Alto
$4,495,000 USD
650-465-1100
235 Alma St, Palo Alto, CA for Sale
$4,495,000 USD
Office/Residential - FOR SALE
1/8
null | Request Cap Rate

235 Alma St
Palo Alto, CA 94301
Downtown Palo Alto


HIGHLIGHTS

  • Unique Office or Live/Work Puchase Opportunity in Prime Downtown Palo Alto Location.
  • Recently completed exterior renovations and brand-new interiors throughout the property.
  • Two freestanding buildings offering multiple office and flexible-use configurations.
  • Prominent downtown Palo Alto location with a serene private setting.
  • On-site parking complemented by abundant nearby street parking.
  • Close proximity to Palo Alto caltrain station.

OVERVIEW

235 Alma Street offers a rare opportunity to own a unique office or live/work property in the heart of downtown Palo Alto. This meticulously updated property features two structures, totaling approximately 3,940 RSF, situated on a ±5,625 SF parcel. The main building spans multiple levels and includes freshly renovated interiors with clean, modern finishes, while the secondary structure provides adaptable office or flex space. Recent exterior renovations and professional landscaping have created an inviting environment complemented by abundant natural light throughout both buildings. Onsite and nearby street parking options add convenience for occupants and visitors alike. The location offers unmatched connectivity with close proximity to the Palo Alto Caltrain Station, ensuring easy commuter access throughout the Peninsula and Silicon Valley.

FOR SALE DETAILS

PRICE

$4,495,000 USD

PRICE/SF

$1,141 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1911

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

CD-N(P)

APN/PARCEL ID

120-25-058

ASK ABOUT THIS PROPERTY

David O'SuchNewmarkMore Info
650-465-1100

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David O'SuchNewmarkMore Info
650-465-1100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.