Prestigious Downtown Palo Alto Single Family Home Opportunity, first time on the market in over 3 decades! The property is currently being used as an office building and also has an existing 3BD/1BTH Residential Unit with a charming outdoor yard. The RM-40 zoning designation that the property is in allows for the building to be used as a single family home which is very rare in Downtown Palo Alto on University Avenue. The property is situated on a 5,000 SF lot on the corner of University Avenue and Byron Street with 2 parking spaces on the Byron Street side of the property. Rare opportunity to acquire this 3,624 SF office/residential building on University Avenue with live work potential to occupy the office units and live in the residential unit or use the entire property as a single family home. The property will be delivered vacant at close of escrow. Palo Alto, known as the Birthplace of Silicon Valley, is home to 69,700 residents and nearly 100,000 jobs. Home to Stanford University and a top-ranked public school system, Palo Alto also features beautiful and historic residential neighborhoods, vibrant shopping and retail districts.
Listing Courtesy of Jeremy Awdisho , Meacham Oppenheimer, Inc.
Listing Courtesy of Jeremy Awdisho , Meacham Oppenheimer, Inc.