CBRE is pleased to offer to qualified investors the opportunity to acquire 568 Glenwood Avenue, Menlo Park, California (“The Property”), an +/-11,121 sq. ft. mixed-use investment property located in the heart of downtown Menlo Park. The Property is comprised of +/-3,458 sq. ft. of ground-floor commercial space and six luxurious three-bedroom, two-bath residential units on the second floor. Built in 1999, the Property features ample parking with 29 surface stalls located in a secure gated garage and offers separate entrances for the commercial and residential spaces.
The six residential units offer impressively large floorplans averaging 1,277 sq. ft. and feature above-standard 9+ foot ceiling heights, skylights, fireplaces, walk-in closets, large bathrooms and expansive private patios. The ground-floor commercial space offers an open concept layout with multiple entrances leading to downtown Menlo Park.
The A+ location offers future tenants immediate access to downtown Menlo Park restaurants, shopping and amenities, as well as the Menlo Park Caltrain Station. The Property is located adjacent to the transformative Springline mixed-use development with features market-leading residential rental rates.