429 Lambert Ave 7 417 pi² Vacant Commerce de détail Immeuble Palo Alto, CA 94306 À vendre

Located in Palo Alto just off El Camino Real, this approximately 7,417 square-foot commercial building, together with two residential buildings, sits on a 0.46-acre parcel
in a neighborhood experiencing meaningful transformation. Nearby redevelopment activity, including the Fry’s redevelopment and other emerging projects, is helping
reshape the surrounding area and enhance the long-term appeal of this well-positioned mixed-use location.
The property is currently occupied by auto repair and high-end automobile storage/showroom uses, making it particularly well suited for car collectors, automotive enthusiasts, specialty auto service operators, or more traditional commercial users seeking a functional and flexible facility in one of Silicon Valley’s most desirable markets.
With CS zoning that permits commercial and mixed-use residential development, the site offers multiple paths to value creation. A future owner may have the opportunity to
enhance income by rehabbing the vacant residential building, repositioning or occupying existing improvements, or pursuing a broader redevelopment strategy that capitalizes
on the property’s location, zoning flexibility, and ongoing neighborhood momentum.