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For Sale

$4,100,000

4141 El Camino Real
Palo Alto, CA 94306

Sqft 3,274 sqft
Intero Commercial is pleased to present this Retail / Office building on El Camino Real in Palo Alto, CA. Excellent frontage of over 115 ft on El Camino Real. Potential for Re-development (buyer to verify from the city). Seller can lease back the premises at market rate until the buyer completes the entitlement process (Optional). Investment Highlights Retail & Office - flexible use Excellent frontage of over 115 ft on El Camino Real Palo Alto location Zoned: CN - Redevelopment potential (buyer to verify from the city) Prior uses: Art school, Sports bar (multiple uses possible) Excellent value add opportunity - perfect single tenant net lease opportunity. Potential uses (Buyer to verify from the city): 1) Retail and / or office 2) Restaurant use 3) Medical office use 4) Start-up office 5) Drive-thru QSR use Read More

Market Status
Available
Last Updated
September 17, 2021

Property Type
Commercial Property
Year Built
1940
Heating System
Other
Garage
Attached
Parking
6 spaces
Property Type
Commercial; Commercial Property

Local Market Conditions

There are currently 21 properties for sale in the Palo Alto, CA area with the average listing price of $5,862,900. This represents a decrease of -7.3% over the previous week. The 2 bedroom homes saw the largest decrease in the average listing price over the previous week with a -24.6% decrease. To learn more about the Palo Alto, CA area, contact a local expert!

Market Snapshot for Palo Alto, CA

Avg. Listing Price

$5,862,900

Wk ending Sep 4

$-458,475

-7.3%

w-o-w

21

17

9

8

3

3

Average Listing Price for Palo Alto, CA
No. BedroomsNo. Beds Week Ending
(Sep 4)
w-o-w Week Ending
(Aug 28)
Week Ending
(Aug 21)
Week Ending
(Aug 14)
All PropertiesAll $5,862,900 -7.3% $6,321,375 $5,840,944 $6,180,520
1 bedroom1 BR - +0.0% - - -
2 bedrooms2 BR $1,799,888 -24.6% $2,388,000 $2,388,000 $3,825,000
3 bedrooms3 BR $2,746,250 +12.1% $2,449,000 $2,862,333 $2,799,500
4 bedrooms4 BR $5,557,429 -8.0% $6,042,000 $5,658,815 $5,481,876

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Listing Provided By:

Ravi Jagtiani

Intero Real Estate Services

Phone
This $4,100,000 Commercial Property at 4141 El Camino Real in Palo Alto, CA is presented by Ravi Jagtiani. This $4,100,000 Commercial Property, located in the 94306 zip code, has the following property features: Garage, Parking, Heating System, Property Type. This 4141 El Camino Real Commercial Property is listed under MLS listing number ML81839920 and has a listing price of $4,100,000. You can find more Palo Alto homes for sale here.

Data Provided by MLS Listings, Inc.

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