Active

127 Lytton Avenue

PALO ALTO CA, 94301

$4,998,000


$1,074.84 per sqft

Active

4,650 sqft

Commercial

Built in 1946

The property has an excellent location one block off University Avenue in downtown Palo Alto. The building is also a short distance from Stanford University, the Stanford Research Park, and Stanford Shopping Center. The building is configured with two tenant spaces. 127 Lytton Avenue is built out with office space and is currently vacant; 129 Lytton Avenue is leased to Darbar Indian Cuisine through April 2024. The site is one-half block from the Palo Alto Caltrain station and Palo Alto Transit Center, making the property easily accessible from public transit. The transit center has connections to VTA, SamTrans, AC Transit, Dumbarton Express, and Stanford Marguerite buses and shuttles. With one space currently vacant and the other on a short-term lease, the building has appeal to owner/users and value-add investors alike. Additionally, the property has the potential to be redeveloped at a higher density with a commercial or mixed-use project.

ML81927084

MLS ID

November 3, 2023

Updated

Map

127 Lytton Avenue
PALO ALTO CA, 94301

Interior Features

Total Stories

1


Interior Features

Carpet, Laminate, Tile


Floor Description

Carpet, Laminate, Tile


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.11 acres


Sewer

Public Sewer

Other Property Details

Area Name

Downtown Palo Alto


Garage

No


Parking

No


View

No


County

Santa Clara


Water Source

Public


Pool

No


Zoning

CD-C (P), Downtown Commercial (Community)

Courtesy of Marcus & Millichap, Joshua Johnson,
Listing Contact: 6503911784 

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Data last updated 6:57 AM UTC, 11/3/2023

 

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