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385 Sherman AvePalo Alto, CA 94301

Palo Alto Executive Office Building - Fully Vacant

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Class A office building, located at 385 Sherman Ave in Palo Alto, California, presents a unique investment opportunity. The Mayfield Office Building boasts a total of 63,618 square feet of space, currently entirely vacant and ready for immediate occupancy. The three-story building sits on a 0.6-acre lot and offers ample parking with 4 spaces available. The property is ideally suited for a single tenant seeking a large, prestigious space or multiple tenants looking for executive office suites. The building's executive office subtype caters to businesses requiring a high-end, professional environment. Beyond the primary office space, the property includes four residential units totaling 4,356 square feet located at the rear of the building. Adding to its unique appeal, 1,593 square feet of balcony space is currently leased for public art display, providing a potential revenue stream or unique branding opportunity. The building's prime location in Santa Clara County, within the desirable 94301 zip code, offers excellent access to transportation, amenities, and a highly skilled workforce. This is a rare chance to acquire a substantial, fully vacant, Class A office building in a highly sought-after location. The property's size and features make it an ideal candidate for a variety of uses, from a single large corporate headquarters to a collection of smaller executive suites. Contact us today to learn more about this exceptional opportunity.

Highlights

  • 63,618 square feet of Class A office space in Palo Alto, CA.
  • Divisible into approximately 22,000-square-foot floor plates.
  • Fully vacant and immediately available for occupancy; plug-and-play ready.
  • Includes covered dedicated parking.
  • Walking distance to California Avenue amenities and the Caltrain station.
  • Building signage opportunities available.

Property Details for 385 Sherman Ave

Property type
Office properties
RSF (Rentable sq. ft)
63,618 SF
Class
A
Stories
3

Unit(s) available at that property

Space
Floor 1
Size
22,000 SF
Space
Floor 2
Size
22,000 SF
Space
Floor 3
Size
22,000 SF
Space
Available space
Size
63,618 SF

Location Insight

City
Palo Alto
County
Santa Clara
State
California

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385 Sherman Ave
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