Live - Work Space

Palo Alto, CA Live-work Space for Sale

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Menlo Park, CA East Palo Alto, CA Atherton, CA
Commercial/Industrial
Updated: Jun 23
Commercial/Industrial

235 Alma Street, Palo Alto, CA 94301

$4,495,000
3,940 sqft · 0.13 AC lot
Two‑structure office or live/work property at 235 Alma St in downtown Palo Alto
Approximately 3,940 SF total across multiple levels in the main building plus a second adaptable office/flex structure
Approximately 5,625 SF parcel with recently renovated exterior and professional landscaping
Zoned CD‑N(P) for commercial and office uses; SFR use allowed as grandfathered per written letter with the City of Palo Alto
Freshly renovated interior finishes (2025) with abundant natural light throughout both buildings
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Palo Alto, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

San Jose Retail Investment Opportunity
San Jose Retail Investment Opportunity

899 W San Carlos St 1, San Jose, CA 95126

$1,899,000

Rare mixed-use property with redevelopment potential in prime San Jose location.

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Oakland Mixed-Use Corner Property
Oakland Mixed-Use Corner Property

10800 Bancroft, Oakland, CA 94603

$950,000

Mixed-use property with restaurant and residential space on corner lot.

View details
Oakland Live/Work Duplex with Workshop
Oakland Live/Work Duplex with Workshop

812 Lisbon Ave, Oakland, CA 94601

$1,300,000
2,500 sqft

Live/work duplex with attached workshop in Oakland's Jingle Town.

View details
Ground-Floor Salon with Residential Units
Ground-Floor Salon with Residential Units

641 North 13th Street, San Jose, CA 95112

$1,198,000
2,170 sqft

Occupied ground-floor salon plus two back residential units, including one vacant space ready for immediate lease-up.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Corner Lot
Residential Corner Lot

900 Alameda Street, Vallejo, CA 94590

$298,000
0.30 AC lot

Generous corner lot in Vallejo with flexibility for a single-family build, duplex, or ADUs subject to approvals.

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OR-Zoned Commercial Land
OR-Zoned Commercial Land

996 E 1st, Chico, CA 95926

$549,000
0.77 AC lot

Commercial land zoned OR, offering a flexible development site in Chico, CA.

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Portola Land with Elevated Views
Portola Land with Elevated Views

358 E Quincy Avenue lot: 8, Portola, CA 96122

Contact for pricing
0.14 AC lot

Private Portola lot with mountain views, suitable for development.

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Commercial Land in Big Bear
Commercial Land in Big Bear

125 E Mojave, Big Bear City, CA 92314

$74,900
0.10 AC lot

Fenced commercial lot suitable for live/work unit or business.

View details

Palo Alto, CA Live-Work Space Market Trends and Statistics

Explore 1 live-work space for sale in Palo Alto, CA on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $0.00.

Sale prices for live-work properties in Palo Alto, CA start at $0.00, averaging $0.00, and reaching up to $0.00 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 162
Office buildings 35
Creative space 11
Medical Office Space 11
Coworking space 4

Demographics Overview

Population 114K
Population Growth (5Y) +6.6%
Median Household Income $159,150
College Educated 91.5%

Taxes & Financing

Tax Rate (average for all types) 1.01%
Property Tax per SF $8.24 per SF
Tax Rate vs County Average 0.14 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Santa Clara County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Palo Alto fall within the 10,000 to 25,000 square foot range.

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