408-603-7772
568-586 Glenwood Ave, Menlo Park, CA for Sale
Office/Residential - FOR SALE
1/11
null | Request Cap Rate

568-586 Glenwood Ave
Menlo Park, CA 94025
Lindenwood


HIGHLIGHTS

  • First floor commercial - 3,458 SF | Second floor residential - 7,663 SF
  • 1/4 mile from Menlo Park Caltrain.
  • 100% vacant - renovation upside.
  • Flexible land use permits a wide range of uses.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

15,002 SF

ZONING

CH, Menlo Park

APN/PARCEL ID

061-422-410

ASK ABOUT THIS PROPERTY

Jon TeelCBREMore Info
408-603-7772

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Jon TeelCBREMore Info
408-603-7772

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