CA > Palo Alto
Palo Alto, CA 94301,560 Waverley ST
Palo Alto, CA 94301,560 Waverley ST
Palo Alto, CA 94301,560 Waverley ST
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$9,000,000
Est. payment /mo
6,150 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82018070

HOA Y/N No

Year Built 1938

Annual Tax Amount $102,768

Lot Size 6,150 Sqft

Property Description

Luxury Live Auction! Bidding to start from $9,000,000.00! Prime mixed-use building with established tenant in Downtown Palo Alto, steps away from University Avenue. Well-maintained 12,300 sq ft 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 high end restaurant occupies the first floor with a long-term lease. Exquisite timeless design. 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 wok stations. Large walk-in refrigerator and 2 large bathrooms. The second floor has 6,150 sq ft office space with separate entrance; was recently remodeled with wide-plank floors, high ceilings, modern industrial style with exposed ducts and beams. Remodeled kitchenettes and bathrooms. 5 enclosed rooms for offices or meetings, and wide-open concept workspace. Natural light throughout. Stairwells at front and back. Don't miss this exceptional investment opportunity!

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning CDCGP

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Roof Type Other

Present Use Commercial

Building

Story 2

Water Public

Others

Tax ID 12015085

Virtual Tour https://www.558-560waverleyst.com/mls/166780701

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CRMLS – RECore
Listed by Annie Watson Coldwell Banker Realty

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