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1021 Evelyn 0.16 Acres of Commercial Land Offered at $7,270,777 CAD in Menlo Park, CA 94025


EXECUTIVE SUMMARY
1021 Evelyn Street, Menlo Park, CA (the “Property”), an entitled mixed use development
opportunity located in the heart of downtown Menlo Park. The property is comprised of two
components – an office suite on the 2nd floor, and 3 residential luxury condominiums on the
3rd floor. The property has 13 street level parking spaces and 11 bicycle spaces. The 2nd
floor is a Class A office unit totaling ±6,250 square feet, and 3 residential condominiums
on the 3rd floor that are ±1,326 square feet, ±1,155 square feet, and ±1,144 square feet
respectively, totaling ±3,625 square feet of residential units. All the residential units are 2
bedroom / 2 bathroom units. Exterior decks not included in the residential square footage.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $7,270,777 CAD | Lot Size | 0.16 AC |
| Price Per AC | $45,728,159.96 CAD |
| Price | $7,270,777 CAD |
| Price Per AC | $45,728,159.96 CAD |
| Lot Size | 0.16 AC |
Designed by the Hayes Group, the property is located in the prime submarket of downtown Menlo Park for both residential and office. The location offers easy access to Interstate 280 (Sand Hill Road exit), as well as Highway 101 (Marsh Road or Willow
DESCRIPTION
The property is comprised of two components – an office suite on the 2nd floor, and 3 residential luxury condominiums on the 3rd floor. The property has 13 street level parking spaces and 11 bicycle spaces. The 2nd floor is a Class A office unit totaling ±6,250 square feet, and 3 residential condominiums on the 3rd floor that are ±1,326 square feet, ±1,155 square feet, and ±1,144 square feet respectively, totaling ±3,625 square feet of residential units. All the residential units are 2 bedroom / 2 bathroom units. Exterior decks not included in the residential square footage.
PROPERTY TAXES
| Parcel Number | 071-273-070 | Improvements Assessment | $0 CAD |
| Land Assessment | $7,124,292 CAD | Total Assessment | $7,124,292 CAD |
PROPERTY TAXES
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1021 Evelyn
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