Palo Alto Vacant Mixed Use
Vacant Mixed Use Commercial
Marketing description
Located in Palo Alto just off El Camino Real, this approximately 7,417 square-foot
commercial building, together with two residential buildings, sits on a 0.46-acre parcel
in a neighborhood experiencing meaningful transformation. Nearby redevelopment
activity, including the Fry’s redevelopment and other emerging projects, is helping
reshape the surrounding area and enhance the long-term appeal of this well-positioned
mixed-use location.
The property is currently occupied by auto repair and high-end automobile storage/
showroom uses, making it particularly well suited for car collectors, automotive
enthusiasts, specialty auto service operators, or more traditional commercial users
seeking a functional and flexible facility in one of Silicon Valley’s most desirable markets.
With CS zoning that permits commercial and mixed-use residential development, the
site offers multiple paths to value creation. A future owner may have the opportunity to
enhance income by rehabbing the vacant residential building, repositioning or occupying
existing improvements, or pursuing a broader redevelopment strategy that capitalizes
on the property’s location, zoning flexibility, and ongoing neighborhood momentum.
Investment highlights
• Mixed Use – 7,417 sf commercial building and 2 homes on 0.46-acres.
• CS zoning permits commercial and mixed-use residential development.
• Numerous redevelopment projects including the Fry’s site are poised to transform the
neighborhood.
• Fully remodeled commercial space featuring elevated finishes, wet bar and a custom car lift.
• Well suited for car collectors, automotive enthusiasts, specialty auto service operators,
or more traditional commercial uses.
• Add value and income by rehabbing the vacant home at 447 Lambert
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