$4,695,000
1075/1077 El Camino Real Menlo Park, CA 94025
8
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$4,695,000
Est. payment /mo
4,865 SqFt
Active
1075/1077 El Camino Real Menlo Park, CA 94025
UPDATED:
09/06/2024 09:31 PM
Key Details
Property Type Commercial
Sub Type Restaurant
Listing Status Active
Purchase Type For Sale
Square Footage 4,865 sqft
Price per Sqft $965
MLS Listing ID ML81979447
Year Built 1950
Lot Size 2,687 Sqft
Property Description
We are pleased to represent this highly coveted building located in the heart of Menlo Park that offers turnkey potential for a discerning owner-user looking to expand their brand or create a new one. This building has the potential to be one of the finest in the area. The building is situated to serve a high-end clientele. The property is extremely well positioned along historic El Camino Real and provides excellent visibility, with a daily traffic count of 62,190. The +/- 3,640 sq ft property boasts a +/- 1,255 sq ft roof terrace with seating for over 80 guests. In addition to 29 feet of frontage along El Camino Real. The property would be ideally utilized by an owner-user, one who emphasizes the outdoor dining aspect of the property. Situated less than 400ft from nearby free city parking, customers have easy and convenient access to the location. There are currently multiple projects underway in Menlo Park which will add a total of 502 new residential units equaling 300,000 meals per year to boost the local economy all within walking distance of the property. There are a multitude of reasons this property is so attractive. Its prime location and unique rooftop terrace are simply unmatched in the area. Offered for Lease too!
Location
State CA
County San Mateo
Area Allied Arts / Downtown
Zoning CL00C3
Interior
Heating Central Forced Air
Cooling Central AC
Flooring Carpet, Concrete, Laminate, Tile
Exterior
Garage Off-Street Parking, On Street, Parking Area
Utilities Available Public Utilities
Roof Type Other
Present Use Commercial
Building
Story 2
Foundation Combination
Sewer Sewer - Public
Water Individual Water Meter
Level or Stories 2
Others
Tax ID 071-287-030
Security Features Fire Alarm
Special Listing Condition Not Applicable
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Listed by Nino Gaetano • The Agency
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