Single-Story Retail
2371 University Ave East Palo Alto, CA 94303
2371 University Ave, East Palo Alto, CA, 94303
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For Sale
Contact for pricing
Currently a well-maintained single-story retail building with street visibility to northbound drivers.
Days on Market103
Property Features for 2371 University Ave
General Information
- Standard status
- Active
- Property subtype
- Retail, Mixed Use, Land
Listing agency
Kidder Mathews
(408) 970-9400
Listed by
Tyler Hooper · License #CA 01398905
Source
Crexi
Added: Apr 10 Updated: Jul 20 at 6:28PM Checked: Jul 20 at 6:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews
Investment Insights
Based on property information with market context.
2371 University Avenue (“Property”) is a well-maintained single-story retail building currently totaling approximately 12,000 square feet. The wireless business that occupies the space is operated by the current seller, and the seller is open to a variety of deal structures, including a sale/leaseback at market terms.
The Property is positioned at the southernmost gateway of the 4 Corners district and is described as having hard-to-miss street visibility to northbound drivers. Preliminary conversations with the City of East Palo Alto’s planning department have supported a redevelopment approach allowing for a 3–4 story project with residential apartment(s) or condo(s) above retail unit(s) on the ground floor.
The property is also described as having excellent regional access to the East Bay, South Bay, Peninsula, and San Francisco via Highways 101 and 84. Prospective buyers are encouraged to submit offers for consideration.
The Property is positioned at the southernmost gateway of the 4 Corners district and is described as having hard-to-miss street visibility to northbound drivers. Preliminary conversations with the City of East Palo Alto’s planning department have supported a redevelopment approach allowing for a 3–4 story project with residential apartment(s) or condo(s) above retail unit(s) on the ground floor.
The property is also described as having excellent regional access to the East Bay, South Bay, Peninsula, and San Francisco via Highways 101 and 84. Prospective buyers are encouraged to submit offers for consideration.
Key Highlights
- ±2,000 SF, well‑maintained single‑story retail building at 2371 University Avenue
- Street visibility to all northbound drivers
- Seller operates the wireless business that occupies the property
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Currently a well-maintained single-story retail building with street visibility to northbound drivers.
Where is this retail space located?
The property is located at 2371 University Ave East Palo Alto, CA.
What are key features of this property?
This property features: ±2,000 SF, well‑maintained single‑story retail building at 2371 University Avenue; Street visibility to all northbound drivers; Seller operates the wireless business that occupies the property