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Archive

Palo Alto, CA

558-560 Waverley Street Palo Alto, CA 94301

-
BEDS
-
BATHS
12300
SQ. FEET
Bidding Starts from
$10,000,000

Auction Details & Logistics

LIST PRICE
$10,000,000
STATUS
Archive
Prime mixed-use building with long-term tenant in Downtown Palo Alto, steps away from University Avenue. Well-maintained 12,300 sq ft two-story building with 50 ft frontage on Waverley Street in the heart of Palo Alto Commercial District, conveniently adjacent to large public parking lot.

Acclaimed High End restaurant occupies the first floor with a long-term lease. Exquisite traditional design with timeless trim work, moldings and paneling, recessed lighting, and sliding panels to create more intimate spaces for private dining. 168 seating capacity. Full bar with stone countertop. Wine wall. Expansive modern professional kitchen, over 2,000 sq ft, all stainless steel counters and shelving, sinks and appliances including multiple ovens, gas burners, fryers, steamers and work stations. Large walk-in refrigerator. 2 large bathrooms.

6,150 sq ft office space on second floor with separate entrance was recently remodeled with wide-plank floors, high ceilings, modern industrial style with exposed ducts and beams. Remodeled kitchenette. Contemporary bathroom with 3 stalls and elegant white, textured tiles. Blend of 5 enclosed rooms for offices or meetings, and wide-open concept workspace. Abundance of natural light throughout. Front and back staircases. Don’t miss this exceptional investment opportunity!
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Listing Agent
Annie Watson

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