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33476404
33476434

640 Waverley Street, Palo Alto, CA 94301

FD
CA CA 01211552
The DeBernardo Team
Listed by The DeBernardo Team
$12,500,000
2 days on market
Updated 2 days ago

640 Waverley Street

Details
Property Type Mixed Use
Square Footage 17,616
Units 4
Tenancy Vacant
Stories 4
Lot Size (SqFt) 5,277
Investment Type Redevelopment
Ceiling Height 12'

Mixed Use | 17,616 SqFt

Marketing description

This world class offering presents a rare & prestigious opportunity to acquire a fully entitled mixed-use development totaling 17,616 sq. ft. in the heart of downtown Palo Alto...one of the most sought-after addresses in Silicon Valley. Approved through the City's rigorous Architectural Review Board process & supported by comprehensive technical studies, the project is positioned for immediate execution. The approved design features an elegant 4-story building integrating ~2,345 sq. ft. of premium office space +terraces w/ residences above, complemented by secure below-grade parking. Just steps from University Avenue & Caltrain, this development combines timeless architectural appeal with enduring location value, offering investors a balanced income profile and an exceptional long-term hold in one of the nation's most supply-constrained and resilient markets.

640 Waverley Street is a fully entitled, pre-construction mixed-use project. Designed by Birge Clark Award-winning architect Ken Hayes, the property features: Four luxury residential units totaling 10,602 sq. ft. with soaring 12-foot ceilings. Class A commercial office space of 2,369 sq. ft. A state-of-the-art 4,645 sq. ft. residential basement with 18-foot clearance and a concealed parking lift accommodating seven vehicles.

Listing Contacts

FD
CA CA 01211552
The DeBernardo Team
Listed by The DeBernardo Team

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Additional Information

Name
Frank DeBernardo
License
CA 01211552
Brokerage
eXp of Northern California
Brokerage Phone
8319012324
Title
Broker Associate
Brokerage Address
1840 41st Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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