60
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$9,000,000
Est. payment /mo
6,150 Sqft Lot
New
560 Waverley ST Palo Alto, CA 94301
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82018070
HOA Y/N No
Year Built 1938
Annual Tax Amount $102,768
Lot Size 6,150 Sqft
Property Description
Luxury Live Auction! Bidding to start from $9,000,000.00! Prime mixed-use building with established tenant in Downtown Palo Alto, steps away from University Avenue. Well-maintained 12,300 sq ft two-story building with 50 ft frontage on Waverley Street in the heart of Palo Alto Commercial District, conveniently adjacent to large public parking lot. Acclaimed high end restaurant occupies the first floor with a long-term lease. Exquisite timeless design. 168 seating capacity. Full bar with stone countertop. Wine wall. Expansive modern professional kitchen, over 2,000 sq ft, all stainless steel counters and shelving; sinks and appliances including multiple ovens, gas burners, fryers, steamers and wok stations. Large walk-in refrigerator and 2 large bathrooms. The second floor has 6,150 sq ft office space with separate entrance; was recently remodeled with wide-plank floors, high ceilings, modern industrial style with exposed ducts and beams. Remodeled kitchenettes and bathrooms. 5 enclosed rooms for offices or meetings, and wide-open concept workspace. Natural light throughout. Stairwells at front and back. Don't miss this exceptional investment opportunity!
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning CDCGP
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Roof Type Other
Present Use Commercial
Building
Story 2
Water Public
Others
Tax ID 12015085
Virtual Tour https://www.558-560waverleyst.com/mls/166780701
Listed by Annie Watson Coldwell Banker Realty
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