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241 El Camino Real
$6,500,000

241 El Camino Real

9,721 Sq.Ft.

Description

Luxury Live Auction! Bidding to start from $5,000,000.00! 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!

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Location

241 El Camino Real, MENLO PARK, CA 94025

Status

Sold
Matt Aragoni

Matt Aragoni

TITLE

Luxury Property Specialist

Property Amenities

Interior
Appliances Cooktop, Oven, Range, Washer, Washer/Dryer, Dishwasher, Exhaust Fan, Refrigerator, Gas Cooktop, Gas Range
Flooring Laminate, Vinyl, Concrete
Area & Lot
Lot Area 0.46 Acres
Living area 9,721 Sq.Ft.
MLS® ID ML81992412
Year Built 1914
School District Sequoia Union High
Type Multi-Family
Status Sold
Exterior
Stories 2
Pool None
Air conditioning Central Air, Wall/Window Unit(s)
Heat type Central, Forced Air
Disability Features Accessible Entrance
Water Source Public
Security Features Smoke Detector(s), Fire Alarm
Sewer Public Sewer
Parking Off Street, Assigned, Guest, Leased
Roof Shingle
Utilities Other
Finance
Sales Price $6,500,000

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Work With Matt

I am your Local Coastside Real Estate Expert, growing up on the Coastside has given me a highly specialized insight into the local market here on the San Mateo County Coast. I provide my clients/network with the most up-to-date market info, local expertise, and 5 Star Quality Client Service.