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

RJ DAILEY HQ. MUST SEE BRAND NEW INTERIORS...

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

3

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 Notice.