650-520-4188
447 Lambert Ave, Palo Alto, CA for Sale
Warehouse - FOR SALE
1/11
null | Request Cap Rate

447 Lambert Ave
Palo Alto, CA 94306
Ventura


HIGHLIGHTS

  • Mixed Use – 7,417 sf commercial building and 2 homes on 0.46-acres.
  • CS zoning permits commercial and mixed-use residential development.
  • Numerous redevelopment projects including the Fry’s site are poised to transform the neighborhood.
  • Fully remodeled commercial space featuring elevated finishes, wet bar and a custom car lift.
  • Well suited for car collectors, automotive enthusiasts, specialty auto service operators, or more traditional commercial uses.
  • Add value and income by rehabbing the vacant home at 447 Lambert.

OVERVIEW

Located in Palo Alto just off El Camino Real, this approximately 7,417 square-foot commercial building, together with two residential buildings, sits on a 0.46-acre parcel in a neighborhood experiencing meaningful transformation. Nearby redevelopment activity, including the Fry’s redevelopment and other emerging projects, is helping reshape the surrounding area and enhance the long-term appeal of this well-positioned mixed-use location. The property is currently occupied by auto repair and high-end automobile storage/showroom uses, making it particularly well suited for car collectors, automotive enthusiasts, specialty auto service operators, or more traditional commercial users seeking a functional and flexible facility in one of Silicon Valley’s most desirable markets. With CS zoning that permits commercial and mixed-use residential development, the site offers multiple paths to value creation. A future owner may have the opportunity to enhance income by rehabbing the vacant residential building, repositioning or occupying existing improvements, or pursuing a broader redevelopment strategy that capitalizes on the property’s location, zoning flexibility, and ongoing neighborhood momentum.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

R&D, Showroom, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1

LAND SF

43,560

ZONING

CS

APN/PARCEL ID

132-39-071

ASK ABOUT THIS PROPERTY

Bill AllenMarcus and Millichap Investment GroupMore Info
650-520-4188

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Bill AllenMarcus and Millichap Investment GroupMore Info
650-520-4188

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