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Full-Service Grocery Store
For Sale
$2,990,000

Address not disclosed, Palo Alto, CA 94303

Commercial Business Opportunities, PALO ALTO, CA

Property SizeContact for details
Lot Size2.73 Acres
Days on Market94

Property Features for Address not disclosed

General Information

Property type Commercial Sale
Property subtype Other
Zoning commercial
Parking 35
Subdivision Midtown
Standard status Active
Lot size 2.73 Acres

Utilities

Heating system Central, Forced Air
Cooling system Central Air
Water source Public
Listing Agency: Bayview Residential Brokerage
Listed By: Rhinda Bal · License #01429406
Added: Jun 1 Changed: Aug 20 Last Checked: Sep 2 at 9:06PM
MLS# ML82043142

Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This grocery operation occupies a 2.73-acre commercial property in Palo Alto, California. The store combines fresh-produce merchandising with prepared-food service, an on-site bakery, and broad grocery inventory. Beverage offerings include beer, wine, and spirits, supported by a wine tasting license.

The property uses public water and includes central heating, forced-air heating, and central air conditioning. Its Palo Alto location places the operation within the Santa Clara County market, with the business serving customers from the surrounding community and nearby technology-sector employment base.

Key Highlights

  • 2.73‑acre commercial property in Palo Alto, CA
  • Fresh produce, prepared foods, bakery, and grocery inventory
  • Beer, wine, and spirits sales with a wine tasting license

Property Analytics

Current Use

Grocery and convenience stores

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,090
Businesses Nearby
Balanced
Demand for This Use

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

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • THE MARKET at Edgewood 2170 W Bayshore Rd, Palo Alto, CA 94303
  • Target Grocery 1775 E Bayshore Rd, East Palo Alto, CA 94303

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Commercially zoned operation with fresh foods, prepared meals, bakery production, and beverage sales.
Where is this grocery and convenience store located?
The property is located at Address not disclosed Palo Alto, CA.
What is the asking price?
The asking price for this property is $2,990,000.
What are key features of this property?
This property features: 2.73‑acre commercial property in Palo Alto, CA; Fresh produce, prepared foods, bakery, and grocery inventory; Beer, wine, and spirits sales with a wine tasting license
More about this property
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