706 Colorado Ave, Palo Alto, CA 94303
- $3,700,000
- List Price
- $3,700,000
- Status
- ACTIVE
- MLS#
- 41120131
- Year Built
- 1954
- Lot Size
- 8,276
- Acres
- 0.19
- Days on Market
- 265
- Property Type
- Commercial
Property Description
Rare opportunity to acquire an operating Round Table Pizza with fee-simple real estate in prime Midtown Palo Alto. Sale includes the established business and the land/building at 702 Colorado Ave. Ideal for owner-users or investors seeking long-term ownership in a high-barrier, supply-constrained market. Strong neighborhood traffic, excellent walkability, and proximity to residential areas, offices, retail, and major commuter routes. Well suited for owner-operators or 1031 buyers. Flexible future potential to continue operations, reposition, or redevelop subject to zoning and city approvals. Attractive opportunity for operational upside and long-term appreciation.
/u.realgeeks.media/livingbythefoothills/Gil_s_Photo_-_Right_Facing-removebg-preview.png)
Additional Information
- Cooling
- Yes
- Exterior Construction
- See Remarks
- Roof
- Tar/Gravel
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Harmit S Toor (hdtoor@gmail.com) from Listing Office: Bay East Brokers, Inc.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.