Operating Restaurant in Midtown Palo
For Sale
$3,700,000
706 Colorado Avenue, Palo Alto, CA 94303
Operating Round Table Pizza with real estate in prime location.
Property SizeContact for details
Days on Market394
Property Features for 706 Colorado Avenue
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1954
Listing Agency:
Bay East Brokers,Inc
(925) 202-7027
Listed By:
Harmit S Toor · License #02007516
(714) 497-3550
Source:
Sevengables
Added: Jul 27, 2025
Changed: Aug 23
Last Checked: Aug 24 at 5:59AM
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
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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
740
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 94303, CA
48,281
Population
15,927
Households
3
Avg Household Size
35
Median Age
48%
College-Educated
85%
High-School Grad
8.4 sq mi
ZIP Area
5,748
Density / Sq Mi
$148,031
Median Household Income
$55,788
Median Earnings
$2,710
Median Rent
$1,825,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
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 Avenue 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.
