Palo Alto, CA 94301,558-560 Waverley ST
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Palo Alto, CA 94301,558-560 Waverley ST,Video Tour
Palo Alto, CA 94301,558-560 Waverley ST
Palo Alto, CA 94301,558-560 Waverley ST
Palo Alto, CA 94301,558-560 Waverley ST
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Darin Franzen

Darin Franzen

+1(408) 316-7344
Listed by Annie Watson • Coldwell Banker Realty
$ 10,000,000
Est. payment /mo
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Active

558-560 Waverley ST Palo Alto, CA 94301

11,243 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Restaurant

Listing Status Active

Purchase Type For Sale

Square Footage 11,243 sqft

Price per Sqft $889

MLS Listing ID ML82024271

Year Built 1938

Lot Size 6,151 Sqft

Property Sub-Type Restaurant

Property Description

Luxury Live Auction! Bidding to start from $10,000,000.00! 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 Downtown Palo Alto

Zoning CDCGP

Interior

Heating Central Forced Air

Cooling Central AC

Exterior

Parking Features Common Parking Area, On Street, Parking Area, Parking Restrictions

Utilities Available Public Utilities

Roof Type Other

Present Use Business/Professional,Commercial,Food Service,Mixed,Office

Building

Story 2

Foundation Concrete Perimeter

Sewer Sewer - Public

Water Public

Level or Stories 2

Others

Restrictions Other

Tax ID 120-15-085

Security Features Other

Special Listing Condition Not Applicable

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NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Juana Briones Elementary School

    Public | KG - 5

  • 9

    Lucille M. Nixon Elementary School

    Public | KG - 5

  • 9

    Fairmeadow Elementary School

    Public | KG - 5

  • 9

    El Carmelo Elementary School

    Public | KG - 5

  • 9

    La Entrada School

    Public | 4 - 8

  • 9

    Oak Knoll School

    Public | KG - 5

  • 9

    Ohlone Elementary School

    Public | KG - 5

  • 9

    Walter Hays Elementary School

    Public | KG - 5

  • 8

    Addison Elementary School

    Public | KG - 5

  • 8

    Duveneck Elementary School

    Public | KG - 5

  • 8

    Encinal School

    Public | KG - 5

  • 8

    Laurel School

    Public | KG - 5

  • 7

    Escondido Elementary School

    Public | KG - 5

  • 5

    Barron Park Elementary School

    Public | KG - 5

  • 3

    Taft Elementary School

    Public | KG - 5

  • 2

    Brentwood Academy

    Public | KG - 5

  • 2

    Garfield School

    Public | PK - 8

  • 2

    Green Oaks Academy

    Public | KG - 5

  • 2

    Costano School & 49ers Academy

    Public | KG - 8

  • 1

    Packard Children's Hospital/Stanford

    Public | KG - 12

Middle Schools 10
  • 9

    Jane Lathrop Stanford Middle School

    Public | 6 - 8

  • 8

    Terman Middle School

    Public | 6 - 8

  • 8

    David Starr Jordan Middle School

    Public | 6 - 8

  • 8

    Hillview Middle School

    Public | 6 - 8

  • 1

    Ronald McNair Academy

    Public | 6 - 8

  • 1

    Cesar Chavez Elementary School

    Public | 6 - 8

  • 0

    Stanford Online High School

    Private | 7 - 12

  • 0

    Frank Greene Middle School

    Public | 6 - 8

  • 0

    Castilleja School

    Private | 6 - 12

  • 0

    Eastside College Preparatory School

    Private | 6 - 12

High Schools 7
  • 10

    Palo Alto High School

    Public | 9 - 12

  • 7

    Menlo - Atherton High School

    Public | 9 - 12

  • 0

    East Palo Alto Academy

    Public | 9 - 12

  • 0

    Sequoia Community Day

    Public | 9 - 12

  • 0

    Aspire East Palo Alto Phoenix Academy

    Public | 9 - 12

  • 0

    Everest Public High School

    Public | 9 - 12

  • 0

    Mid-Peninsula High School

    Private | 9 - 12

School and business data provided by Attom Data.
Darin Franzen

Darin Franzen

Agent | License ID: 02120146

+1(408) 316-7344

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558-560 Waverley ST