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706 Colorado Ave Palo Alto, CA 94303

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For Sale
$3,700,000

Operating Round Table Pizza with real estate in prime location.

Type:Commercial
Added:
Apr 24, 2026
Days on Market:
4
Last Refresh:
Apr 24 at 8:19 pm

Property Features for 706 Colorado Ave

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
1954

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Listing Contact
Harmit S Toor
Harmit S Toor

Listing agent Harmit S Toor

Listing office BAY EAST BROKERS, INC

Listing date Apr 24, 2026

Source Elliman

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 BAY EAST BROKERS, INC


Overview

Operating Restaurant in Midtown Palo Alto

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.
Location Intelligence

Current Use by Public Records

Ames + Eames, Inc. General Contractor

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Palo Alto
County
Santa Clara
State
California
Longitude
-122.1279609
Latitude
37.4330485

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.
More about this property
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