Property summary
This exceptional 12,000-square-foot freestanding building in Menlo Park, California, presents a unique investment opportunity. Situated on a 0.87-acre lot, this single-story, concrete tilt-up structure boasts a 16'10" ceiling height and features two dock-high doors. The property includes 22 surface parking spaces and a secured fenced yard, offering ample vehicle and outdoor storage. A metal overhang provides a shaded outdoor area, while skylights throughout the building illuminate the renovated office interiors. The building is fully occupied and zoned for light industrial use, offering flexibility for a variety of businesses. Its prime location offers easy access to major transportation arteries, including the Dumbarton Bridge (1.2 miles), US-101 (0.5 miles), and is within close proximity to downtown Palo Alto (2.5 miles), downtown Menlo Park (3.5 miles), and Stanford University (4.2 miles). The property benefits significantly from its proximity to the planned Willow Village mixed-use development by Meta (formerly Facebook), a mere 400 feet away, and is surrounded by substantial ongoing and planned office/R&D development totaling over 2.39 million square feet. The property's location within Menlo Park's life science district presents additional upside potential for conversion to life science uses. The building's electrical service is 400 amps at 120/280v. APN: 055-434-070. Year built: 1961.
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