2220 University AVE, East Palo Alto, CA 94303
- $3,300,000
Listed by Robert Godar, 408-655-6457 from Intero Real Estate Services
(If provided) CoList: from
Sold listing courtesy of RECIP from RCIP
- Sold Price
- $3,300,000
- List Price
- $3,300,000
- Closing Date
- Dec 20, 2024
- MLS#
- ML81981182
- Status
- SOLD
- Lot Size
- 19,036
- Listing Area
- East Of U.S. 101 East Palo Alto
- Year Built
- 2003
Property Description
Wonderful Opportunity in prime East Palo Alto location. Currently used as a very successful restaurant for more than 20 years, this property has many elements of success. The location is exceptional: minutes from Facebook/Meta HQ, Google Campus, Stanford University, Menlo College, and downtown Palo Alto. Highway 101 is two blocks away. San Francisco International Airport is 18.2 miles to the north, while downtown San Jose is 22.1 miles to the south. The primary tenant is a very successful full-service restaurant with expanded seating areas inside and out, a large kitchen area with 2 prep sites & 2 cooking sites, 2 walk-in refrigerators, multiple storage areas, 2 offices, and 2 restrooms for the clientele. The secondary is a church with capacity for approxiately 80 people. The space consists of a congregation area, a performance stage, a lighting & audio area, a kitchen/coffee bar area, a nursery, an office, and an outdoor area. The property will be delivered vacant at the close of escrow.
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Additional Information
- Acres
- 0.44
- Age
- 21
- Cooling System
- Central AC
- Days On Market
- Unknown
- Foundation
- Concrete Slab
- Garage Parking
- Parking Area
- Heating System
- Central Forced Air
- Lot Size
- 19,036
- Neighborhood
- East Of U.S. 101 East Palo Alto
- Other Utilities
- Public Utilities
- Present Use
- Church, Retail
- Roof
- Flat / Low Pitch
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
- Zoning
- MUC-1
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