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RJ DAILEY HQ. MUST SEE BRAND NEW INTERIORS... 401 1st St 2,550 sq ft Office Property Los Altos, CA 94022 £1,955,475 (£766.85/sq ft)
INVESTMENT HIGHLIGHTS
- 2,550 SF Office/Medical/Retail Building in Downtown Los Altos For Sale
- Currently Owner Occupied by RJ Dailey Construction an Ultra Luxury Home Builder
- 2,270 SF Ground Floor + 280 SF 2nd Floor
- Rare Owner User Opportunity – The Property will be Delivered Vacant at the Close of Escrow
- 3 Parking Spaces at the Rear of the Building
- Located on 1st Street in Downtown Los Altos Surrounded by Brand New Luxury Residential Projects
EXECUTIVE SUMMARY
- 2,550 SF Office/Medical/Retail Building in Downtown Los Altos on a 3,091 SF Lot.
- Rare Owner User Opportunity – The Property will be Delivered Vacant at the Close of Escrow.
- Currently Owner Occupied by RJ Dailey Construction an Ultra Luxury Home Builder.
- The Sellers have Done an Extensive Remodel, the Property is in Excellent Condition with Very High-End Finishes.
- 3 Parking Spaces at the Rear of the Building.
- 2,270 SF Ground Floor + 280 SF 2nd Floor.
- Zoning: CD/R3 - Commercial Downtown/Multiple-Family which Allows for Uses Such as Medical and Dental Offices, Office-administrative services, Business, professional, and trade schools, Retail and personal services, Residential only developments, Mixed use developments, Restaurants, and Many More.
- Located on 1st Street in Downtown Los Altos Surrounded by Brand New Luxury Residential Projects.
- Opportunity to Acquire a Prominent Building in Downtown Los Altos.
- Located in One of the Nations Highest Barrier to Entry Market.
- Rare Owner User Opportunity – The Property will be Delivered Vacant at the Close of Escrow.
- Currently Owner Occupied by RJ Dailey Construction an Ultra Luxury Home Builder.
- The Sellers have Done an Extensive Remodel, the Property is in Excellent Condition with Very High-End Finishes.
- 3 Parking Spaces at the Rear of the Building.
- 2,270 SF Ground Floor + 280 SF 2nd Floor.
- Zoning: CD/R3 - Commercial Downtown/Multiple-Family which Allows for Uses Such as Medical and Dental Offices, Office-administrative services, Business, professional, and trade schools, Retail and personal services, Residential only developments, Mixed use developments, Restaurants, and Many More.
- Located on 1st Street in Downtown Los Altos Surrounded by Brand New Luxury Residential Projects.
- Opportunity to Acquire a Prominent Building in Downtown Los Altos.
- Located in One of the Nations Highest Barrier to Entry Market.
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Property Type
Office
Property Subtype
Property Size
2,550 sq ft
Costar Property Class
C
Year Built
1951
Price
£1,955,475
Price per sq ft
£766.85
Tenancy
Single
Number of Floors
2
Typical Floor Size
1,275 sq ft
Plot ratio
0.82
Total Plot Size
0.07 ac
Use Class
CD - CD/R3 - Commercial Downtown/Multiple-Family
Parking
3 Spaces (1.18 Spaces per 1,000 sq ft Leased)
1 1
Walk Score®
Excellent pedestrian access (90)
Bike Score®
Ideal For Cyclists (95)
PROPERTY TAXES
| Parcel Number | 167-41-020 | Improvements Assessment | £283,650 |
| Land Assessment | £207,545 | Total Assessment | £491,195 |
PROPERTY TAXES
Parcel Number
167-41-020
Land Assessment
£207,545
Improvements Assessment
£283,650
Total Assessment
£491,195
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RJ DAILEY HQ. MUST SEE BRAND NEW INTERIORS... | 401 1st St
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