2249 Grant Rd Los Altos, CA 94024-6954
This exceptional Los Altos commercial property presents a compelling redevelopment opportunity or owner-user scenario. The 4,015-square-foot building, situated on a 13,068-square-foot lot, currently houses a convenience store and a paint store, offering versatile potential. Built in 1962 and renovated in 2007, the Class A property features two units, twenty parking spaces (including ADA-compliant spaces), and ample amenities including three bathrooms (two ADA-compliant and one employee restroom). The property's location in the heart of Silicon Valley boasts high traffic counts, making it ideal for a variety of uses, including medical or dental offices. The asking price is $4,288,000, and the property is suitable for a 1031 exchange. This single-story building offers significant potential for investors seeking a prime location in a thriving market. The property's multi-tenant configuration and substantial lot size provide flexibility for future development or expansion. Don't miss this chance to acquire a valuable asset in the desirable Los Altos market. APN: 318=16-009.
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Alotta's Take-out & Catering Catering Service
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California Paint Company Hardware & Home Improvement Building Supply
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Benjamin Moore Hardware & Home Improvement Building Supply
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CN · Los Altos, CALos Altos. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.