558560 Waverley Street
Palo Alto, CA 94301
Active for $21,999,000
Beds: N/A Baths: Structure Size: N/A sqft Lot Size: 6,151 sqft
| MLS | ML81987991 |
| Year Built | 1938 |
| Property Type | |
| County | Santa Clara |
| Status | Active |
| Active | $21,999,000 |
| Structure Size | N/A sqft |
| Lot Size | 6,151 sqft |
| Beds | N/A |
| Baths |
Description
Prime mixed-use building with established tenant in Downtown Palo Alto, steps away from University Avenue. Well-maintained 12,300 sqft 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 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 workstations. Large walk-in refrigerator and 2 large bathrooms.The second floor has 6,150 sqft office space with separate entrance; was recently remodeled with wide-plank floors, high ceilings, modern industrial style. Remodeled kitchenette. Contemporary bathrooms 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. Stairwells at front and back. Don't miss this exceptional investment opportunity!
Listing information courtesy of: Annie Watson, Coldwell Banker Realty 650-862-5506. *Based on information from the Association of REALTORS/Multiple Listing as of 01/05/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Cherie Harris
REALTOR®
Direct: 818.212.3654
Email: Email Me
DRE: 01383332
DRE #01873088
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