425 Page Mill Rd Palo Alto, CA 94306

This exceptional Class A property at 425 Page Mill Rd, Palo Alto, CA 94306, offers a unique investment opportunity. The 71,000 square foot building boasts a prime location, adjacent to the El Camino Real intersection, providing unbeatable visibility. The property features 20,072 square feet of commercial space, currently in shell condition, ideal for build-out to suit a variety of tenants. The ground floor's approximately 4,033 square feet is suitable for retail, financial services, or personal services, and is easily divisible. The second floor offers approximately 16,039 square feet of office space, potentially divisible. Shared restrooms and a shower room are already installed. Adding to the investment appeal, the building includes 14,411 square feet of residential space comprising 16 fully-leased apartment units, each with a private deck. The building also includes 80 parking spaces with charging stations and is Green Plus certified. Situated near Stanford Research Park, the California Avenue business district, and the Caltrain station, this property benefits from exceptional access to amenities and transportation. The 0.62-acre lot is zoned Service Commercial (CS), and the property's APN is 132-37-073. This new construction presents a rare chance to acquire high-quality, new product in a highly desirable Palo Alto submarket with resilient rents and limited development opportunities. The building's impressive street frontage and incredible views from upper floors further enhance its appeal.