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    1137-1141 Chestnut St Menlo Park, CA 94025

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    For Sale
    Contact for pricing

    Prime downtown location with redevelopment potential near Caltrain.

    Property size:
    4,000 SF
    Lot size:
    0.12 Acres

    Property Features for 1137-1141 Chestnut St

    General Information

    Size
    4,000 SF
    Lot size
    0.12 Acres

    Source: Cushman & Wakefield | San Jose Agent Scott Kinder

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

    Overview

    Menlo Park Retail Redevelopment Opportunity

    Located in downtown Menlo Park, this property presents an opportunity for owner-users, investors, or redevelopment. The building is situated on an approximately 5,249 square foot lot. A new zoning overlay with a 2.0 FAR would allow for a new two-story building of 10,500 square feet. The zoning and land use are designated as "Downtown/Station Area Retail/Mixed Use," with allowable uses including office, retail/mixed-use, residential, and food and beverage. The property includes six on-site parking spaces, with additional street parking available. Two city-owned parking lots are in immediate proximity. The Caltrain station is within walking distance (7 minutes), as are various services and amenities. The existing tenants are on month-to-month occupancy. The building size is 4,000 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Menlo Park
    County
    San Mateo
    State
    California
    Longitude
    -122.185538
    Latitude
    37.451988

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    FAQs

    What type of property is this?
    Retail space - Prime downtown location with redevelopment potential near Caltrain.
    Where is this retail space located?
    The property is located at 1137-1141 Chestnut St Menlo Park, CA.
    What are key features of this property?
    This property features: - Prime Downtown Menlo Park location near Santa Cruz Avenue and Oak Grove.; - Redevelopment opportunity with new zoning allowing for a **10,500 SF building (2.0 FAR).**; - Zoning allows for Office, Retail/Mixed Use, Residential, and Food and Beverage uses.
    (408) 568-1555
    Request Owner's contact information
    1137-1141 Chestnut St Menlo Park, CA 94025
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    Menlo Park, CA 94025
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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
    1137-1141 Chestnut St Menlo Park, CA 94025
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