2417 Park Blvd, Palo Alto, CA 94306; Retail For Sale; D-19 in Santa Clara County

2417 Park Blvd, Palo Alto, CA 94306; Retail For Sale; D-19 in Santa Clara County


2417 Park Blvd, Palo Alto, CA 94306; Retail For Sale; D-19 in Santa Clara County

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2417 Park Blvd, Palo Alto, CA 94306

Palo Alto Central Commercial Condominium for Sale

Retail Property For Sale

Price:
$1,295,000
Building Size:
1,422 SF
Price/SF:
$910.69
Property Type:
Retail
Property Sub-type:
Retail (Other)
Additional Sub-types:
Street Retail
Office Condo
Property Use Type:
Net Lease Investment with
1 years left on lease
Cap Rate:
4.22%
Occupancy:
100%
No. Stories:
1
Tenancy:
Single
Year Built:
1984
Lot Size:
0.03 AC
APN / Parcel ID:
124-37-022
Listing ID
18063028

Highlights

  • Palo Alto Central, A residential & Commercial Condominium Complex
  • Complex located on California Avenue’s Business District
  • 143 Residential Units & 18 Commercial units located in complex
  • Underground parking garage with guest parking
  • Ingrid’s Suntanning Salon is an owner operated successful business that has been occupying the property for almost 30 years

Description

The Property has been occupied for almost 30 years by the same business, Ingrid’s Suntanning Salon, a successful owner operated business with long term clients. It has 2 entrances one on Park Blvd and one onto the interior courtyard of the complex. It is a 1,422 square feet commercial condominium. Recently remodeled, the salon has 7 tanning booths, Mystic booth and Air-brushing booth, reception area, its own private bathroom and laundry room as well as special vents, heating, air condition and hardwood floors. By appointment only. Appointments from 7:00 AM – 2:00 PM weekdays only. Please do not disturb the business. Buyer to verify square footage, additional square footage due to adding bathroom & laundry room.

Located in Palo Alto Central a residential and commercial condominium complex. The complex has 143 residential condo units and 18 commercial businesses. The commercial businesses include Beauty salons, nail salon, eye glass, tailor, Real Estate Broker, Financial Company, dentists and restaurant. The complex is located on California Avenue’s Business District.