$2,990,000
( $138.13Per Sq Foot )
 $16,051 est/mo Sourced by Back At You

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Description

This strategically located grocery store presents an outstanding investment opportunity in the highly desirable Santa Clara County market, serving the affluent and dynamic Palo Alto community. Positioned within a vibrant commercial corridor, the business benefits from consistent foot traffic and a loyal customer base, including professionals from the surrounding technology sector. This is a full-service grocery operation offering a wide selection of fresh produce, a fully equipped deli with prepared foods, an in-house bakery, and a comprehensive assortment of beer, wine, and spirits. The store has built a strong reputation for quality products, diverse inventory, and dependable customer service, contributing to its established presence in the local market. The business generates approximately $9,500,000 in annual gross revenue, reflecting solid performance and strong market positioning. This is a full-service grocery operation offering a wide selection of fresh produce, a fully equipped deli with prepared foods, an in-house bakery, and a comprehensive assortment of beer, wine, spirits and wine tasting license. Store has built a strong reputation for quality products, diverse inventory, and dependable customer service, contributing to its established presence in the local market.

Details

MLS #ML82043142
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site109
Listing Provided ByBayview Residential Brokerage | Rhinda Bal

Features

SQ Feet21,646
Zoningcommercial
Acreage2.73

Area Information

StateCA
CountySanta Clara
CityPalo Alto
Zip Code94303
Area699 Not Defined
Listing VS Median (in 94303)
Price:
$2,990,000
low | high
Med:
$15,000,000
100% of Average
sqft:
21,646
low | high
Med:
8,370
100% of Average
$ / sqft:
$138
low | high
Med:
$1,792
100% of Average
On site:
109
low | high
Med:
50
100% of Average
Sourced by Back At You

Market Activity 94303

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Learn More About This Property

Coldwell Banker Commercial Real Estate Solutions

Coldwell Banker Commercial Real Estate Solutions

DRE: 01857050 (760) 684-8000info@cbcdesert.com
StateCA
CountySanta Clara
CityPalo Alto
Zip Code94303
Area699 Not Defined
Listing VS Median (in 94303)
Price:
$2,990,000
low | high
Med:
$15,000,000
100% of Average
sqft:
21,646
low | high
Med:
8,370
100% of Average
$ / sqft:
$138
low | high
Med:
$1,792
100% of Average
On site:
109
low | high
Med:
50
100% of Average
Sourced by Back At You
Listing Updated: September 14, 2026 at 1:11:31 PM PDT
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