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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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706 Colorado Ave, Palo Alto – $3,700,000

  • $3.7M Price
  • .19 Acres
  • 31 DOM
  • $3.7M Price
  • .19 Acres
  • 31 DOM

706 Colorado Ave

Rare opportunity to acquire an operating Round Table Pizza with fee-simple real estate in prime Midtown Palo Alto. Sale includes the established business and the land/building at 702 Colorado Ave. Ideal for owner-users or investors seeking long-term ownership in a high-barrier, supply-constrained market. Strong neighborhood traffic, excellent walkability, and proximity to residential areas, offices, retail, and major commuter routes. Well suited for owner-operators or 1031 buyers. Flexible future potential to continue operations, reposition, or redevelop subject to zoning and city approvals. Attractive opportunity for operational upside and long-term appreciation.

Essential Information

  • MLS® #41120131
  • Price$3,700,000
  • Bathrooms0.00
  • Acres0.19
  • Year Built1954
  • TypeCommercial Sale
  • StatusActive

Community Information

  • Address706 Colorado Ave
  • CityPalo Alto
  • CountySanta Clara
  • Zip Code94303

Amenities

  • Parking Spaces5

Exterior

  • ExteriorSee Remarks
  • RoofTar/Gravel
  • ConstructionSee Remarks

Additional Information

  • Date ListedJanuary 6th, 2026
  • Days on Market31
  • ZoningC2S

Listing Details

  • AgentHarmit S Toor
  • OfficeBay East Brokers, Inc
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Harmit S Toor, Bay East Brokers, Inc.

Based on information from California Regional Multiple Listing Service, Inc. as of February 6th, 2026 at 6:40am PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.