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$3,300,000
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Property Description
Wonderful Opportunity in prime East Palo Alto location. Currently used as a very successful restaurant for more than 20 years, this property has many elements of success. The location is exceptional: minutes from Facebook/Meta HQ, Google Campus, Stanford University, Menlo College, and downtown Palo Alto. Highway 101 is two blocks away. San Francisco International Airport is 18.2 miles to the north, while downtown San Jose is 22.1 miles to the south. The primary tenant is a very successful full-service restaurant with expanded seating areas inside and out, a large kitchen area with 2 prep sites & 2 cooking sites, 2 walk-in refrigerators, multiple storage areas, 2 offices, and 2 restrooms for the clientele. The secondary is a church with capacity for approxiately 80 people. The space consists of a congregation area, a performance stage, a lighting & audio area, a kitchen/coffee bar area, a nursery, an office, and an outdoor area. The property will be delivered vacant at the close of escrow.
Full Property Details
Full Property Details for 2220 University Ave
General
- Sold For: $3,300,000
- Status: Closed
- Type: Business
- Source: RE_Infolink
- MLS ID: ML81981182
- Added to Site: 517 day(s) ago
Rental Information
- Complex Features: Kitchen, Manager's Office, Office, Refrigeration, Restroom(s)
Additional Information
- Extras: Not Applicable
- Security/Safety: Video / Audio System
Parking
- Parking Features: Parking Area
Location
- Area: East of U.S. 101 East Palo Alto
- County: San Mateo
- Cross Streets: Bell Street
Heating & Cooling
- Cooling Type: Central AC
- Heating Type: Central Air (Forced Air)
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Public Utilities
- Metering: Master Electric
Structural Information
- Foundation: Concrete Slab
- Roof: Flat / Low Pitch
- Disability Access: Parking
- Square Feet: 5,102
- Office: 450 Sq. Ft.
- Year Built: 2003
Lot Features
- Lot Size (Acres): 0.437
- Minimum Lot Size: 19036
- Lot Size (Sq. Ft.): 19,036
- Present Use: Church, Retail
- Zoning: MUC-1
Disclosures and Reports
- Restrictions: None
Listed by Intero Real Estate Services, Robert Godar
Sold by Rcip, RECIP
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Schools
Schools serving 2220 University Ave
School Districts:Ravenswood City Elementary School District, Sequoia Union High School District
| Name | Grades | Distance |
|---|---|---|
Menlo-Atherton High School 555 Midfield Rd., Atherton, CA 94025 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2220 University Ave
Date
Details
Price
Change
Source
12/20/2024
Sold
$3,300,000
—
MLS
9/20/2024
Listed
$3,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2220 University Ave, East Palo Alto, CA 94303 (MLS# ML81981182) is a Business property that was sold at $3,300,000 on December 20, 2024. Want to learn more about 2220 University Ave? Do you have questions about finding other Business real estate for sale in East Palo Alto? You can browse all East Palo Alto real estate or contact a Coldwell Banker agent to request more information.

