Office, Day Care, or House For Sale /Lease | 385 Homer Ave
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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.
“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
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
$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.
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Walk Score ®
Walker's Paradise (95)
Bike Score ®
Biker's Paradise (100)
PROPERTY TAXES
Parcel Number | 120-16-066 | Improvements Assessment | $567,737 |
Land Assessment | $58,814 | Total Assessment | $626,551 |
PROPERTY TAXES
Parcel Number
120-16-066
Land Assessment
$58,814
Improvements Assessment
$567,737
Total Assessment
$626,551
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Office, Day Care, or House For Sale /Lease | 385 Homer Ave
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