Palo Alto, CA 94301
$3,450,000




Bed
0
Bath
0
Living Space
2,570 SqFt
Year Built
1900
Lot Size
4,895 SqFt
Day
1
Located in downtown Palo Alto, this mixed-use property is zoned CD-C(P) which allows for the second floor to be converted into residential. Ground floor is 2,570 square feet and leased to one office tenant and one retail tenant. Take advantage of up to 2,500 bonus square feet completing a historical upgrade to the building and use the bonus square footage to build out a residential unit on the second floor. The property is served by the Palo Alto Unified elementary school district. The building features central forced air heating and central air conditioning for year-round comfort. Notably, there is an exclusive parking area behind the building for 7 on site parking stalls. This property provides a value add opportunity for an investor interested in expanding the square footage of the property with a second floor residential unit, improving the ground floor rental rate with fresh cosmetic renovations.
Listing provided courtesy ofDavid O'such License 01033820 Cornish & Carey Commercial
Data provided by MLSListings Inc.
- El Carmelo Elementary School (Elementary) - GreatSchools rating 9/10 - Jane Lathrop Stanford Middle School (Middle) - GreatSchools rating 10/10 - Palo Alto High School (High) - GreatSchools rating 10/10 School District: Palo Alto Unified School District
Within a 1-2 mile radius of 510 Waverley Palo Alto, CA, several parks are available. These include Rinconada Park, Heritage Park, Johnson Park, and Mitchell Park. Heritage Park, located at Homer Avenue and Waverly Street, offers an open grass area and a children's playground. Johnson Park, at 268 Waverly St, provides picnic tables, basketball courts, and walking trails. Mitchell Park features the Magical Bridge Playground, tennis courts, and a community center.
The neighborhood surrounding 510 Waverley Palo Alto, CA is known as Old Palo Alto. This area is characterized by its historic homes and tree-lined streets, offering a blend of residential tranquility and proximity to amenities. Local businesses and dining options are available, with notable establishments like Ethel's Fancy, a neighborhood restaurant at 550 Waverley Street, and Saint Michael's Alley, a historic fine dining establishment.
This location has a Walk Score of 58 out of 100, indicating it is somewhat walkable, meaning some errands can be accomplished on foot. The Transit Score is 30 out of 100, suggesting some transit options are available. Nearby transit includes bus lines such as the 21 (Stanford Shopping Ctr - Santa Clara TC) and various Caltrain rail lines including Local Weekend, Local Weekday, and Limited, all approximately 0.9 miles away.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
- El Carmelo Elementary School (Elementary) - GreatSchools rating 9/10 - Jane Lathrop Stanford Middle School (Middle) - GreatSchools rating 10/10 - Palo Alto High School (High) - GreatSchools rating 10/10 School District: Palo Alto Unified School District
Within a 1-2 mile radius of 510 Waverley Palo Alto, CA, several parks are available. These include Rinconada Park, Heritage Park, Johnson Park, and Mitchell Park. Heritage Park, located at Homer Avenue and Waverly Street, offers an open grass area and a children's playground. Johnson Park, at 268 Waverly St, provides picnic tables, basketball courts, and walking trails. Mitchell Park features the Magical Bridge Playground, tennis courts, and a community center.
The neighborhood surrounding 510 Waverley Palo Alto, CA is known as Old Palo Alto. This area is characterized by its historic homes and tree-lined streets, offering a blend of residential tranquility and proximity to amenities. Local businesses and dining options are available, with notable establishments like Ethel's Fancy, a neighborhood restaurant at 550 Waverley Street, and Saint Michael's Alley, a historic fine dining establishment.
This location has a Walk Score of 58 out of 100, indicating it is somewhat walkable, meaning some errands can be accomplished on foot. The Transit Score is 30 out of 100, suggesting some transit options are available. Nearby transit includes bus lines such as the 21 (Stanford Shopping Ctr - Santa Clara TC) and various Caltrain rail lines including Local Weekend, Local Weekday, and Limited, all approximately 0.9 miles away.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.