For Sale
$4,288,000

2249 Grant Rd Los Altos, CA 94024

Prime Los Altos location, redevelopment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional Los Altos commercial property presents a compelling redevelopment opportunity or owner-user scenario. The 4,015-square-foot building, situated on a 13,068-square-foot lot, currently houses a convenience store and a paint store, offering versatile potential. Built in 1962 and renovated in 2007, the Class A property features two units, twenty parking spaces (including ADA-compliant spaces), and ample amenities including three bathrooms (two ADA-compliant and one employee restroom). The property's location in the heart of Silicon Valley boasts high traffic counts, making it ideal for a variety of uses, including medical or dental offices. The asking price is $4,288,000, and the property is suitable for a 1031 exchange. This single-story building offers significant potential for investors seeking a prime location in a thriving market. The property's multi-tenant configuration and substantial lot size provide flexibility for future development or expansion. Don't miss this chance to acquire a valuable asset in the desirable Los Altos market. APN: 318=16-009.

Highlights

  • $4,288,000 asking price for a Class A, multi-tenant retail property.
  • 4,015 square feet on a 13,068 square foot lot in Los Altos, CA.
  • Two units currently occupied by a deli and a paint store.
  • 20 parking spaces, including ADA-compliant spaces.
  • Built in 1962, renovated in 2007.
  • High-traffic location with redevelopment or owner-user potential.

Property Details for 2249 Grant Rd

Property type
Retail properties, Restaurants
Square Feet
4,015 SF
Class
A
Year Built/Renovated
1962/2007
Buildings
1
Stories
1
Units
2

Location Insight

City
Los Altos
County
Santa Clara
State
California
Latitude
37.340756191398
Longitude
-122.07089344692

FAQs

What type of property is this?
Retail property - Prime Los Altos location, redevelopment opportunity.
Where is the retail property located?
The property is located at 2249 Grant Rd Los Altos, CA.
What is the asking price?
The asking price for this property is $4,288,000.
What are key features of this property?
This property features: $4,288,000 asking price for a Class A, multi-tenant retail property.; 4,015 square feet on a 13,068 square foot lot in Los Altos, CA.; Two units currently occupied by a deli and a paint store.
How can I contact the broker?
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2249 Grant Rd
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