Retail Space with Office
For Lease
$43,601
353 University AVE, Palo Alto, CA 94301
COMMERCIAL - PALO ALTO, CA
Space Size6,014 SF
Lot Size0.14 Acres
Days on Market73
Property Features for 353 University AVE
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
Commercial
Parking features
Offsite
Subdivision
Downtown Palo Alto
Standard status
Active
Lot size
0.14 Acres
Utilities
Cooling system
Central Air
Amenities
two restrooms
five offices
large main area
Building Details
Year built
1972
Roof type
Tar/Gravel
Listing Agency:
Tavena Realty Group
(650) 758-8695
Listed By:
Rajendra Naidoo · License #01160416
(650) 758-8695
Added: Jun 3
Changed: Aug 4
Last Checked: Aug 14 at 5:06AM
MLS# ML82019216
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This retail space at 353 University Avenue includes five offices, two restrooms, and a large central area that can support retail, office, restaurant, or financial-services use. Central air and offsite parking are also provided. The building was constructed in 1972 and has a tar-and-gravel roof.
The property sits at University Avenue and Florence in Palo Alto, with nearby Apple, CVS Pharmacy, Salt & Straw, and other established retailers and restaurants. Stanford University, Stanford Medical, and Palo Alto City Hall are also nearby. The parcel measures 0.1381 acres and carries Commercial zoning.
The property sits at University Avenue and Florence in Palo Alto, with nearby Apple, CVS Pharmacy, Salt & Straw, and other established retailers and restaurants. Stanford University, Stanford Medical, and Palo Alto City Hall are also nearby. The parcel measures 0.1381 acres and carries Commercial zoning.
Key Highlights
- Five offices, two restrooms, and a large main area
- Commercial zoning supports retail, office, restaurant, and financial‑services uses
- Located at University Avenue and Florence in Palo Alto
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
6,043
Businesses Nearby
Explore this area
Business Placement
Demographics for 94301, CA
17,299
Population
8,220
Households
2.1
Avg Household Size
44
Median Age
83%
College-Educated
96%
High-School Grad
2.4 sq mi
ZIP Area
7,208
Density / Sq Mi
$235,529
Median Household Income
$136,514
Median Earnings
$3,290
Median Rent
$2,000,001
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Commercially zoned space combines private offices with a large open area and central air.
Where is this retail space located?
The property is located at 353 University AVE Palo Alto, CA.
What is the lease rate?
The lease rate is $43,601.
What are key features of this property?
This property features: Five offices, two restrooms, and a large main area; Commercial zoning supports retail, office, restaurant, and financial‑services uses; Located at University Avenue and Florence in Palo Alto
