$ 4,695,000
El Camino Real Menlo Park, CA 94025
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$ 4,695,000
Est. payment | /mo
2,687 Sqft Lot
$ 4,695,000
Est. payment | /mo
2,687 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML81979447
HOA Y/N No
Year Built 1950
Lot Size 2,687 Sqft
Property Description
We are pleased to represent this highly coveted building located in the heart of Menlo Park that offers turnkey potential for a discerning owner-user looking to expand their brand or create a new one. This building has the potential to be one of the finest in the area. The building is situated to serve a high-end clientele. The property is extremely well positioned along historic El Camino Real and provides excellent visibility, with a daily traffic count of 62,190. The +/- 3,640 sq ft property boasts a +/- 1,255 sq ft roof terrace with seating for over 80 guests. In addition to 29 feet of frontage along El Camino Real. The property would be ideally utilized by an owner-user, one who emphasizes the outdoor dining aspect of the property. Situated less than 400ft from nearby free city parking, customers have easy and convenient access to the location. There are currently multiple projects underway in Menlo Park which will add a total of 502 new residential units equaling 300,000 meals per year to boost the local economy all within walking distance of the property. There are a multitude of reasons this property is so attractive. Its prime location and unique rooftop terrace are simply unmatched in the area. Offered for Lease too!
Location
State CA
County San Mateo
Area 699 - Not Defined
Zoning CL00C3
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Roof Type Other
Present Use Commercial
Total Parking Spaces 10
Building
Story 2
Others
Tax ID 071287030
Listed by Nino Gaetano • The Agency
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Kelly McLaughlin
REALTOR® | Lic# 01475708