401 1st St - Medical FOR SALE


Los Altos, CA 94022- North Los Altos
$2,600,000 USD
408-966-5919
401 1st St, Los Altos, CA for Sale
$2,600,000 USD
Medical - FOR SALE
1/26
null | Request Cap Rate

401 1st St
Los Altos, CA 94022
North Los Altos


HIGHLIGHTS

  • 2,550 SF Office/Medical/Retail Building in Downtown Los Altos For Sale
  • Rare Owner User Opportunity – The Property will be Delivered Vacant at the Close of Escrow
  • Currently Owner Occupied by RJ Dailey Construction an Ultra Luxury Home Builder
  • 3 Parking Spaces at the Rear of the Building
  • 2,270 SF Ground Floor + 280 SF 2nd Floor
  • Located on 1st Street in Downtown Los Altos Surrounded by Brand New Luxury Residential Projects

OVERVIEW

- 2,550 SF Office/Medical/Retail Building in Downtown Los Altos on a 3,091 SF Lot. - Rare Owner User Opportunity – The Property will be Delivered Vacant at the Close of Escrow. - Currently Owner Occupied by RJ Dailey Construction an Ultra Luxury Home Builder. - The Sellers have Done an Extensive Remodel, the Property is in Excellent Condition with Very High-End Finishes. - 3 Parking Spaces at the Rear of the Building. - 2,270 SF Ground Floor + 280 SF 2nd Floor. - Zoning: CD/R3 - Commercial Downtown/Multiple-Family which Allows for Uses Such as Medical and Dental Offices, Office-administrative services, Business, professional, and trade schools, Retail and personal services, Residential only developments, Mixed use developments, Restaurants, and Many More. - Located on 1st Street in Downtown Los Altos Surrounded by Brand New Luxury Residential Projects. - Opportunity to Acquire a Prominent Building in Downtown Los Altos. - Located in One of the Nations Highest Barrier to Entry Market.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$1,020 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Rare DT Los Altos Owner User Opportunity

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1951

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,091 SF

ZONING

CD

APN/PARCEL ID

167-41-020

ASK ABOUT THIS PROPERTY

David TaxinMeacham OppenheimerMore Info
408-966-5919

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David TaxinMeacham OppenheimerMore Info
408-966-5919

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