999 ALMA STREET, PALO ALTO, 94301

$5,500,000

  • 10,000 sqft
  • Commercial /Commercial Property
Courtesy of Kirk Trammell, Marcus & Millichap
Marcus & Millichap has been selected as exclusive investment advisors to market for sale the leasehold interest in 999 Alma Street in downtown Palo Alto, California. This offering represents the rare opportunity to acquire a freestanding value-add retail building in downtown Palo Alto; the site also has significant appeal to an owner-occupant. The subject property is a 10,000-square-foot retail building situated on a 0.24-acre site at the corner of Alma Street and Addison Avenue. The improvements were originally constructed in 1952 and were completely renovated in 2002. In addition to the retail building, the property also includes the exclusive use of 15 parking spaces in a parking lot directly across Addison Avenue at 1019 Alma Street. This building is perfect for a day care center, private school, clothing store, fitness center, or retail user.
Last updated on  9/21/2017
Courtesy of Kirk Trammell, Marcus & Millichap

More Details for 999 ALMA STREET

Property Class: Commercial/Industrial
Listing Status: Active
City: Palo Alto
State: CA
Zip: 94301
Area: 242 - Downtown Palo Alto
County: Santa Clara
Class: Commercial
Property Subtype: Commercial Property
Approx Lot Size: 0.241
Stories: 1
REO/Bank Owned: No
Property Sub Type Descr: Commercial Property
Garage: No
Parking Total: 15.00
Living Area (SqFt): 10,000 sqft
Lot Size Area Sq Feet: 10500.00
Lot Size Area Acres: 0.24105
REO/ Bank Owned: No
REO: N/A
Short Sale: N/A
Listing#: 81667219
Parcel Number: 12028095
Year Built: 1952
List Date: 6/22/2017

Features for 999 ALMA STREET

Community Features: Restroom(s), Showroom
Heating: Central Forced Air
Roof: Rolled Composition
Floors: Concrete
Garage Style: Off-Street Parking
Utilities: Garbage Collection, Natural Gas
Utilities Water: Public
Foundation: Concrete Slab
Present Use: Retail
Utilities Sewer: Sewer - Public, Sewer Connected

Documents for 999 ALMA STREET

Community around 999 ALMA STREET

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