999 Alma St, Palo Alto, CA, 94301

999 Alma St, Palo Alto, CA, 94301 < >
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for sale
$5,500,000
Lot Size:0.24 Acres
Year Built:1952
Status:Active
MLS #:ML81667219
Date Updated:
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Marcus & Millichap has been selected as exclusive investment advisors to market for sale the leasehold interest in 999 Alma Street in downtown Palo Alto, California. This offering represents the rare opportunity to acquire a freestanding value-add retail building in downtown Palo Alto; the site also has significant appeal to an owner-occupant. The subject property is a 10,000-square-foot retail building situated on a 0.24-acre site at the corner of Alma Street and Addison Avenue. The improvements were originally constructed in 1952 and were completely renovated in 2002. In addition to the retail building, the property also includes the exclusive use of 15 parking spaces in a parking lot directly across Addison Avenue at 1019 Alma Street. Th
For information contact:
831.429.5700
Property Information From MLS Data
Garage Parking Features: Assigned Spaces, Off-Street ParkingNo of Stories: 1
Utilities : Garbage Collection, Master Meter , Natural Gas, PubliYear Built: 1952
Cooling: Central ACFacilities: Restroom(s), Showroom
Flooring: ConcreteFoundation: Concrete Slab
Garage Spaces: 0Heating: Central Forced Air
Lot Acres: 0.2410Number of Tenants: 1
Parking Spaces: 15Present Use: Retail
Roof: Barrel / Truss, Rolled CompositionSewer Septic: Sewer - Public, Sewer Connected
Water: Public, Water On Site

Walk Score® for 999 Alma St
Schools near 999 Alma St
Monthly Payment for 999 Alma St
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Price:$5,500,000
Down Payment:
Loan Amount:$4,400,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Listing courtesy of Kirk Trammell, Marcus & Millichap


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