$8,500,000
For Sale

241 El Camino Real

Menlo Park, CA 94025
9721 sqft | 0.46 acres | #ML81972787
Listing OfficeColdwell Banker Realty
Browse 555 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Prime location with over 160+ of El Camino frontage! Heavy day and night pedestrian and car traffic. Mixed-use building with diversified set of long-term tenants. Vintage character with all modern amenities. Very well maintained and upgraded over the years. Class A, ADA compliant, +/- 5,065 sqft office space downstairs. Remodeled in 2019 and 2022 with industrial design, 10 ceilings, open office layout, polished concrete floors, contemporary kitchen and bathroom, glass conference rooms and private 600 sqft outdoor patio. Commercial anchor tenant lease ends in 2027. 3 spacious residential units upstairs in great condition, updated with A/C, newer vinyl floors, paint and countertops. No current vacancies. Ample parking. Downtown Menlo Park location on main thoroughfare to Stanford Shopping Center, Stanford University, and Palo Alto. Easy access to Sand Hill Road and leading tech campuses. Dont miss this exceptional investment opportunity!

  • Property Details
      • Property TypeMulti-Family
      • Sewer InformationPublicSewer
      • Original List Price$9,800,000
      • MLS #ML81972787
      • Property SubtypeQuadruplex
      • MLS #ML81972787
      • CountySan Mateo
      • Taxes Annual$105,679
      • Cost8500000
      • Acres0.4557
      • Utility SourcePublic
      • Utility FeaturesOther
      • School DistrictOther
      • Square Feet9721
      • Year Built1914
      • FoundationSlab
      • Stories2

Location

Bill PavkovReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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