2371 University Avenue, Palo Alto, CA
Retail for Sale - $989,000 - 2,000 Sq. Ft. on 0.06 acres
Property Info
CIMLS# | 907678 |
Location 2371 University Avenue Palo Alto CA 94303 | |
Updated | October 30th, 2017 |
Type | Retail |
Price | $989,000 |
Building | 2,000 Sq. Ft. |
Land | 0.06 acres |
Property Description
Fully established wireless cellphone and electronics store. Located on a corner lot with excellent visibility. Totally renovated in 2007.
PROPERTY FEATURES
This is the best looking retail building on University Ave. Thoroughly refurbished and modernized in to a high standard of quality 2007, this is a solid, attractive building inside and out.
In addition to front access, there is a driveway behind the building and access at the rear of the building. Recently, substantial portions of East Palo Alto surrounding this retail site have been redeveloped, or zoned for redevelopment.
Numerous major developments or redevelopment projects are currently in various stages of completion along University Avenue.
Business and inventory not included in price but available for purchase separately.
Will be delivered vacant at close of escrow or current owner/ user will lease back at $5,000 per month on a net lease for a 5 year term.
Location Description:
Very clean, well maintained building, with great traffic all times of day.
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