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580 College Ave 7,000 sq ft Office Property Palo Alto, CA 94306 For Sale
INVESTMENT HIGHLIGHTS
- Owner-user office building in Palo Alto
- Secure enclosed garage.
- 9 dedicated parking stalls in the first-floor parking garage, with street parking in front
- Near California Avenue shopping area.
- Owner Occupied (vacant at close).
EXECUTIVE SUMMARY
CBRE is pleased to offer a ±7,000 SF freestanding office building in Palo Alto, just a 5-minute walk to the vibrant California Avenue Shopping Area and a 13-minute walk to the Caltrain station. The two-story building features 9 ground-floor garage parking stalls and office space above. This is an excellent opportunity for owner-users to acquire a well-located office asset in a highly sought-after neighborhood with convenient access to transit, dining, and retail.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER sq ft |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
PROPERTY FACTS
Sale Type
Owner Occupier
Property Type
Office
Property Size
7,000 sq ft
Costar Property Class
C
Year Built
1955
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
3,500 sq ft
Plot ratio
1.07
Total Plot Size
0.15 ac
Use Class
CN - Intended to create and maintain neighborhood shopping areas primarily accommodating retail sales, personal service, eating and drinking, and office.
Parking
10 Spaces (1.43 Spaces per 1,000 sq ft Leased)
Walk Score®
Excellent pedestrian access (94)
Bike Score®
Ideal For Cyclists (100)
PROPERTY TAXES
| Parcel Number | 137-01-037 | Improvements Assessment | £2,218,014 |
| Land Assessment | £2,684,964 | Total Assessment | £4,902,978 |
PROPERTY TAXES
Parcel Number
137-01-037
Land Assessment
£2,684,964
Improvements Assessment
£2,218,014
Total Assessment
£4,902,978
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580 College Ave
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