Palo Alto, CA Conventional restaurants for sale

Updated: Oct 9, 2025

Palo Alto Mixed-Use Building

558-560 Waverley Street, Palo Alto, CA 94301

$18,000,000

11,243 sqft

Prime Downtown Palo Alto location, steps from University Avenue
Established tenant: Acclaimed high‑end restaurant with long‑term lease
Mixed‑use building: Restaurant (1st floor) and office space (2nd floor)
Well‑maintained 12,300 sq ft building with 50 ft frontage
Recently remodeled 6,150 sq ft office space with modern design and separate entrance

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Updated: Jun 24

Franchise Restaurant Portfolio

855 El Camino Real, Palo Alto, CA 94301

$1,700,000

13 franchise restaurant locations in California (11 in Northern CA, 2 in Southern CA)
Weighted Adj EBITDA (store level) of $510,865
Some leases are transferable; franchisor approval required
Minimum net worth requirement of $300,000–$500,000 and liquid capital of $120,000–$150,000
G&A not included, and inventory, cash on hand, and transfer fee(s) not included

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Operating Restaurant in Midtown Palo Alto

706 Colorado Ave, Palo Alto, CA 94303

$3,700,000

Operating Round Table Pizza with real estate in prime location.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Palo Alto, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Unit Retail Building with Mezzanine

168-170 W 25th Ave, San Mateo, CA 94403

$2,000,000

2,837 sqft

Two ground-floor retail units with added mezzanine space and rear parking offer flexible options for retailers and service users.

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Conventional Restaurant Property

168 W 25th Avenue, San Mateo, CA 94403

$2,000,000

2,837 sqft

For sale restaurant at 168 W 25th Avenue with total size of 2,837 in San Mateo.

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Mixed-Use Apartment & Restaurant Building

2393 Spg, Redwood City, CA 94063

$1,988,000

6,405 sqft 0.30 AC lot

Five apartments plus an on-site commercial restaurant and a detached 6-garage building near transit and freeway access.

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Mixed-Use Building with Restaurant

2393 Spring, Redwood City, CA 94063

$1,988,000

0.30 AC lot

Mixed-use property featuring four apartments, a commercial restaurant, and a standalone building with six garages on one lot.

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Palo Alto, CA Conventional Restaurants Market Trends and Statistics

Explore 3 conventional restaurants for sale in Palo Alto, CA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 11,243 square feet of properties for sale, with an estimated market value of $18,000,000.

Sale prices for conventional restaurants in Palo Alto, CA start at $18,000,000, averaging $18,000,000, and reaching up to $18,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
94303	$3.7M
94301	$9.9M

Neighborhood

Average Price

94303

$3.7M

94301

$9.9M