2371 University AVE

EAST PALO ALTO, CA, 94303

$1,400,000

$1,400,000
Active
Active
 - For Sale
property_type
Commercial
calendar
Built 1952
Mixed used building in East Palo Alto, located at University Avenue with high visibility to consumer traffic.This is an excellent location for retailers looking to penetrate a gentrifying market.The zoning allows for residential development with one parking space per unit. Preliminary designs for a single, two-level residential unit have been discussed with the city with positive feedback. Higher density is possible and the buyer is encouraged to discuss all of the possibilities with the city. Walking distance to major employers (Amazon, Facebook, City Hall, UPS, etc.) Easy access to public transportation and major freeways. Minutes to downtown Palo Alto. Surrounded by several major redevelopment projects currently underway and in planning.
MLS® ID:
ML81920045
Updated:
4/2/23
Keller Williams Bay Area Estates
Saundra Leonard
Mobile: (408) 482-3763Email: saundra.leonard@cbnorcal.com

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
None
Heating
Other

Exterior/Building Features

Lot Size
3,101 ft² lot
Roof
Flat / Low Pitch
Sewer
Sewer - Public

Other Property Details

Area Name
322
Garage
Yes
Garage Spaces
2
Parking
Gate / Door Opener, On Street
Parking Total
2.0
View
Y
County
San Mateo
Utilities
Individual Electric Meters
Water Source
Public
Pool
No
Zoning
4 corners

Courtesy of Alliance Bay Realty, Aine Ong,
Listing Contact: 650-228-3609 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Saundra Leonard shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 4:52 AM UTC, 4/2/23

 

Keller Williams Bay Area Estates
Saundra Leonard
Mobile: (408) 482-3763Email: saundra.leonard@cbnorcal.com
Contact