241 El Camino Real, Menlo Park, CA 94025 - MLS#ML81972787

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$8,500,000

Est. payment - /mo

9,721 SqFt

Active

241 El Camino Real Menlo Park, CA 94025

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Mason Frakes

mason@masonfrakesrealestategroup.com +1(805) 260-4860

UPDATED:

12/15/2024 10:28 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 9,721 sqft

Price per Sqft $874

MLS Listing ID ML81972787

HOA Y/N No

Year Built 1914

Annual Tax Amount $105,679

Lot Size 0.456 Acres

Property Description

Prime location with over 160+ of El Camino frontage! Heavy day and night pedestrian and car traffic. Mixed-use building with diversified set of long-term tenants. Vintage character with all modern amenities. Very well maintained and upgraded over the years. Class A, ADA compliant, +/- 5,065 sqft office space downstairs. Remodeled in 2019 and 2022 with industrial design, 10 ceilings, open office layout, polished concrete floors, contemporary kitchen and bathroom, glass conference rooms and private 600 sqft outdoor patio. Commercial anchor tenant lease ends in 2027. 3 spacious residential units upstairs in great condition, updated with A/C, newer vinyl floors, paint and countertops. No current vacancies. Ample parking. Downtown Menlo Park location on main thoroughfare to Stanford Shopping Center, Stanford University, and Palo Alto. Easy access to Sand Hill Road and leading tech campuses. Dont miss this exceptional investment opportunity!

Location

State CA

County San Mateo

Area 699 - Not Defined

Zoning SP-ECR-D

Interior

Heating Central

Cooling Central Air, Wall/Window Unit(s)

Flooring Concrete, Laminate

Fireplace No

Appliance Dishwasher, Gas Cooktop, Refrigerator, Vented Exhaust Fan

Exterior

Parking Features Guest, Off Street

Utilities Available Other

View Y/N No

Roof Type Shingle

Accessibility Other, Parking

Total Parking Spaces 34

Building

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Schools

School District Other

Others

Tax ID 071413360R

Special Listing Condition Standard

Listed by Annie Watson • Coldwell Banker Realty

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Mason Frakes

Broker Associate | License ID: 02036823

+1(805) 260-4860

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241 El Camino Real Menlo Park, CA 94025

Mason Frakes

Key Details

Location

Interior

Exterior

Building

Schools

Others

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241 El Camino Real