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    516 University Ave Palo Alto, CA 94301

    For Lease
    Contact for pricing

    Prime cafe space with existing infrastructure and patio seating.

    Property size:
    3,219 SF
    Lot size:
    0.39 Acres

    Property Features for 516 University Ave

    General Information

    Size
    3,219 SF
    Lot size
    0.39 Acres

    Source: The Econic Company Agent Megan Mcarthur

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    University Avenue Cafe Space

    This commercial space, totaling 3219 square feet, is located on University Avenue. It features existing cafe infrastructure and is suitable for coffee shops, restaurants, retail properties, and conventional restaurants. The property benefits from convenient parking options, including both street and structure parking. Patio seating is available.
    Location Intelligence

    Current Use by Public Records

    Coffee shops

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    HanaHaus Palo Alto, Kung Fu Tea, Gong Cha, RJ Cafe6, A24

    Location Insight

    • Map
    • Local Demand
    City
    Palo Alto
    County
    Santa Clara
    State
    California
    Longitude
    -122.1586151
    Latitude
    37.4482785

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    FAQs

    What type of property is this?
    Coffee shop - Prime cafe space with existing infrastructure and patio seating.
    Where is this coffee shop located?
    The property is located at 516 University Ave Palo Alto, CA.
    What are key features of this property?
    This property features: - University Avenue Frontage; - Existing Cafe Infrastructure; - Convenient Parking (Street & Structure)
    (408) 964-8047
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    Palo Alto, CA 94301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    516 University Ave Palo Alto, CA 94301
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