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Office, Day Care, or House For Sale /Lease 385 Homer Ave

2,086 SF Office Building Palo Alto, CA 94301 $3,600,000 ($1,726/SF)

Executive Summary

Currently modernized interior for Office. Office CUP in place, underlying zoning permits Home Occupations, Daycare, Adult Care, or Residential House.
“General business office” means a use principally providing services to individuals, firms, or other entities, including but not limited to real estate, insurance, property management, title companies, investment, personnel, travel, and similar services.
Vacant and ready to move in or lease up. (Just starting to market for sale and for lease, and we see strong demand for ultra-prime office).
2,206 sf x $6.99/sf NNN plus $0.75/sf CAMs = $17,074.44 per month gross (sf includes basement for leasing).
DHS, SOFA 1 CAP zoning might permit 2-3 townhouses from the city. Please check with City of Palo Alto planning department.
2,086 sf plus basement, per county records, for sale purposes.
On-site parking. Easy 2 hour street parking, plus City parking for employees is only $75/month in the University Ave area. https://www.cityofpaloalto.org/Departments/Transportation/Parking/Employees
Please email me alexk@wilburproperties.com or call me 650-793-0541 with any questions.

Property Facts In Escrow

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,086 SF
Building Class
B
Year Built
1916
Price
$3,600,000
Price Per SF
$1,726
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,086 SF
Building FAR
0.44
Lot Size
0.11 AC
Zoning
DHS, SOFA 1 CAP. - Currently modernized interior for Office. Office grandfathered, underlying zoning permits Home Occupations, Daycare, Adult Care, or Residential House.
Parking
2 Spaces (0.96 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 2,086 SF
  • Office
  • Full Build-Out
  • Now

$0.75 CAMs estimated.

Space Size Space Use Condition Available
1st Floor 2,086 SF Office Full Build-Out Now

1st Floor

Size
2,086 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size 2,086 SF
Space Use Office
Condition Full Build-Out
Available Now

$0.75 CAMs estimated.

Walk Score ®
Walker's Paradise (95)
Bike Score ®
Biker's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
120-16-066
Land Assessment
$58,814
Improvements Assessment
$567,737
Total Assessment
$626,551
  • Listing ID: 33171473

  • Date on Market: 9/13/2024

  • Last Updated:

  • Address: 385 Homer Ave, Palo Alto, CA 94301

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