Description
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.
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0BEDS
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0.07ACRES
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0BATHS
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01/2 BATHS
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2,100SQFT
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$667$/SQFT
School Ratings & Info
Description
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.
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Listing courtesy of Aine Ong of Alliance Bay Realty: [IDXCONTACTINFORMATION].