706 Colorado Ave Palo Alto, CA 94303

Building Details

Year Built

1954

Listing agency Bay East Brokers, Inc h***@gmail.com Show Phone

Listed by Harmit S Toor · License #01462579 Show Phone

Source Elliman

Added: Apr 24 Updated: Jul 10 at 3:56PM Checked: Jul 21 at 8:55AM

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Investment Insights

Based on property information with market context.

An operating Round Table Pizza business is available for acquisition, including the fee-simple real estate. The property is located in Midtown Palo Alto. The sale encompasses both the established business and the land and building. The location benefits from strong neighborhood traffic, excellent walkability, and proximity to residential areas, offices, retail spaces, and major commuter routes. The property may suit owner-users or investors seeking long-term ownership in a supply-constrained market. The property is well-suited for owner-operators or 1031 buyers. Future options include continued operation, repositioning, or redevelopment, subject to zoning and city approvals. The location has a bike score of 94, indicating it is a biker's paradise. The walk score is 58, indicating the area is somewhat walkable, and the transit score is 40, indicating some transit options are available.

Key Highlights

• 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.

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FAQs

What type of property is this?

Conventional restaurant - Operating Round Table Pizza with real estate in prime location.

Where is this conventional restaurant located?

The property is located at 706 Colorado Ave Palo Alto, CA.

What is the asking price?

The asking price for this property is $3,700,000.

What are key features of this property?

This property features: 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.