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

PALO ALTO, CA 94303, Palo Alto, CA 94303

Commercial Business Opportunities, PALO ALTO, CA

Property SizeContact for details
Lot Size2.73 Acres
Days on Market140

Property Features

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 Forced Air, Central
Cooling system Central Air
Water source Public
Listing Agency: Bayview Residential Brokerage
Listed By: Rhinda Bal · License #01429406
Added: Jun 1 Changed: Oct 17 Last Checked: Oct 18 at 8:06PM
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.

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Investment Insights

Based on property information with market context.

A full-service grocery operation with fresh produce, a deli serving prepared foods, an in-house bakery, and a selection of beer, wine, and spirits. A wine-tasting license is also included. The property information identifies a 2.73-acre lot and commercial zoning.

Building systems include central heating and air conditioning, with public water service.

Key Highlights

  • 2.73‑acre lot with commercial zoning
  • Grocery operation includes fresh produce, a prepared‑food deli, and an in‑house bakery
  • Beer, wine, and spirits assortment 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

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 - The operation includes fresh-food departments, prepared deli offerings, an in-house bakery, and a wine-tasting license.
Where is this grocery and convenience store located?
The property is located at 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 lot with commercial zoning; Grocery operation includes fresh produce, a prepared‑food deli, and an in‑house bakery; Beer, wine, and spirits assortment with a wine‑tasting license
More about this property
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