241 El Camino Real Menlo Park, CA 94025
Listing Courtesy of: MLSlistings Inc. / Coldwell Banker Realty / Li Chun "Annie" Watson - Contact:  650-380-9898

  241 El Camino Real Menlo Park, CA 94025

Active (58 Days)
$8,500,000

Description

Prime location with over 160+ of El Camino frontage! Heavy day and night pedestrian and car traffic. Mixed-use building with diversified set of long-term tenants. Vintage character with all modern amenities. Very well maintained and upgraded over the years. Class A, ADA compliant, +/- 5,065 sqft office space downstairs. Remodeled in 2019 and 2022 with industrial design, 10 ceilings, open office layout, polished concrete floors, contemporary kitchen and bathroom, glass conference rooms and private 600 sqft outdoor patio. Commercial anchor tenant lease ends in 2027. 3 spacious residential units upstairs in great condition, updated with A/C, newer vinyl floors, paint and countertops. No current vacancies. Ample parking. Downtown Menlo Park location on main thoroughfare to Stanford Shopping Center, Stanford University, and Palo Alto. Easy access to Sand Hill Road and leading tech campuses. Dont miss this exceptional investment opportunity!

MLS #:
ML81972787
Taxes
$105,679
Lot Size
0.46 acres
Type
Multifamily
Year Built
1914
School District
931
County
San Mateo County

Listed By

Li Chun "Annie" Watson, DRE #01964881 CA, Coldwell Banker Realty, Contact: 650-380-9898
Source
MLSlistings Inc.
Last checked Sep 8 2024 at 12:45 AM GMT+0000
Bathroom Details
Interior Features
  • Washer / Dryer
Kitchen
  • Refrigerator
  • Oven Range - Gas
  • Exhaust Fan
  • Dishwasher
  • Countertop - Tile
  • Countertop - Other
  • Cooktop - Gas
Property Features
  • Foundation: Concrete Slab
Heating and Cooling
  • Central Forced Air
  • Window / Wall Unit
  • Central Ac
Flooring
  • Vinyl / Linoleum
  • Laminate
  • Concrete
Exterior Features
  • Roof: Shingle
Utility Information
  • Utilities: Water - Public, Water - Individual Water Meter, Other, Public Utilities, Individual Electric Meters
  • Sewer: Sewer - Public
Garage
  • Off-Street Parking
  • Leased Parking
  • Guest / Visitor Parking
  • Assigned Spaces
Stories
  • 2
Living Area
  • 9,721 sqft
Additional Information: Palo Alto Downtown | 650-380-9898
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Sep 02, 2024
Price Changed
$8,500,000
-13%
-1,300,000
Jul 11, 2024
Original Price
$9,800,000
-
-

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Coldwell Banker Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
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