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219 University AvePalo Alto, CA 94301

Prime Downtown Palo Alto Retail Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional single-tenant retail property, located at 219 University Avenue in the heart of Downtown Palo Alto, offers 6,832 square feet of versatile space. Built in 1940, the building boasts approximately 50 feet of prominent frontage on University Avenue, ensuring high visibility and foot traffic. The ground floor encompasses 5,332 square feet of showroom space, ideal for a variety of retail uses. Beyond the main showroom, the property includes two offices, ample storage, a staff area, and a staircase leading to a 1,500-square-foot mezzanine level. This mezzanine offers additional storage or flexible office space, enhancing the property's functionality. The property is zoned CD-C (GF)(P) within Santa Clara County, and its APN is 120-26-020. Currently occupied by Verizon, the space will be available by the end of March 2025, presenting a unique opportunity for a new tenant to establish a strong presence in this highly desirable location. Contact for rental rate and tour scheduling. This is a rare chance to acquire a substantial retail space in one of the most sought-after areas of Palo Alto.

Highlights

  • Retail property located at 219 University Ave, Palo Alto.
  • Single-tenant department store.
  • 6,832 square feet total; 5,332 square feet ground floor and 1,500 square foot mezzanine.
  • Approximately 50 feet of frontage on University Avenue.
  • Built in 1940.
  • Zoned CD-C (GF)(P), Santa Clara County.

Property Details for 219 University Ave

Property type
Retail properties
RSF (Rentable sq. ft)
6,832 SF
Year Built
1940

Unit(s) available at that property

Space
Size
6,832 SF

Location Insight

City
Palo Alto
County
Santa Clara
State
California
Latitude
37.444999733839
Longitude
-122.16248823534
219 University Ave, Palo Alto, California

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219 University Ave
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