Conventional Restaurant

Palo Alto, CA Conventional Restaurants for Sale

Notify Me
List
Map
Menlo Park, CA East Palo Alto, CA Apple Valley, CA Atherton, CA Redwood City, CA Los Altos, CA Mountain View, CA Portola Valley, CA
Operating Restaurant in Midtown Palo Alto
Updated: Jan 13
Operating Restaurant in Midtown Palo Alto

706 Colorado Ave, Palo Alto, CA 94303

$3,700,000
3,261 sqft
Rare opportunity to own an operating Round Table Pizza business and the underlying real estate in Midtown Palo Alto.
Fee‑simple ownership of land and building at 702 Colorado Ave.
Located in a high‑barrier, supply‑constrained market.
Strong neighborhood traffic and excellent walkability (bike score of 94).
Flexible future potential to continue operations, reposition, or redevelop (subject to zoning and city approvals).
View details
Palo Alto Mixed-Use Building
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
View details
Franchise Restaurant Portfolio
Franchise Restaurant Portfolio

855 El Camino Real, Palo Alto, CA 94301

$1,700,000

For sale multi-unit California restaurant franchise with some transferable leases, subject to franchisor approval.

View details
See what stands out in Santa Clara County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in
NOI available after sign in
Local Demand available after sign in
Freestanding Restaurant Property
Freestanding Restaurant Property

3470 El Camino Real, Palo Alto, CA 94306

Contact for pricing

For sale freestanding restaurant property currently occupied by a Mexican restaurant with established restaurant infrastructure.

View details
Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 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.

Franchised Sandwich Restaurant
Franchised Sandwich Restaurant

25965 Industrial Blvd # 102, Hayward, CA 94545

$289,000
8,250 sqft

Established food-service operation with recently refreshed franchise-standard interiors and a required franchisor approval process for the buyer.

View details
Built-Out Restaurant Space
Built-Out Restaurant Space

88 E San Carlos ST, San Jose, CA 95112

$300,000
0.11 AC lot

Restaurant asset sale with commercial kitchen equipment, furnishings, fixtures, and completed improvements in a mixed-use development.

View details
Freestanding Corner Restaurant Building
Freestanding Corner Restaurant Building

2285 W Tennyson Road, Hayward, CA 94545

$2,088,888
1,551 sqft

Freestanding restaurant building on a highly visible corner with on-site parking, sized to support a range of commercial uses.

View details
Remodeled Vietnamese Restaurant
Remodeled Vietnamese Restaurant

1739 BERRYESSA Road A, San Jose, CA 95133

$100,000
1,800 sqft

Menu features pho, rice plates, and three additional popular dishes.

View details

Palo Alto, CA Conventional Restaurants Market Trends and Statistics

Explore 4 conventional restaurants for sale in Palo Alto, CA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 14,504 square feet of properties for sale, with an estimated market value of $23,400,000.

Sale prices for conventional restaurants in Palo Alto, CA start at $1,700,000, averaging $7,800,000, 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.

List
Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 16
Coffee shops 4
Bars & Pubs 2
Drive through restaurants 1

Demographics Overview

Population 114K
Population Growth (5Y) +6.6%
Median Household Income $159,150
College Educated 91.5%

High-Yield Neighborhoods for Investment

Identify Palo Alto submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
94303 $3.7M
94301 $9.9M

Taxes & Financing

Tax Rate (average for all types) 1.01%
Property Tax per SF $8.24 per SF
Tax Rate vs County Average 0.14 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Santa Clara County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Palo Alto fall within the 5,000 to 10,000 square foot range.

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings