- $10M Price
- .14 Acres
- 68 DOM
558560 Waverley Street
Luxury Live Auction! Bidding to start from $10,000,000.00! Prime mixed-use building with established tenant in Downtown Palo Alto, steps away from University Avenue. Well-maintained 12,300 sq ft two-story building with 50 ft frontage on Waverley Street in the heart of Palo Alto Commercial District, conveniently adjacent to large public parking lot. Acclaimed high end restaurant occupies the first floor with a long-term lease. Exquisite timeless design. 168 seating capacity. Full bar with stone countertop. Wine wall. Expansive modern professional kitchen, over 2,000 sq ft, all stainless steel counters and shelving; sinks and appliances including multiple ovens, gas burners, fryers, steamers and wok stations. Large walk-in refrigerator and 2 large bathrooms. The second floor has 6,150 sq ft office space with separate entrance; was recently remodeled with wide-plank floors, high ceilings, modern industrial style with exposed ducts and beams. Remodeled kitchenettes and bathrooms. 5 enclosed rooms for offices or meetings, and wide-open concept workspace. Natural light throughout. Stairwells at front and back. Don't miss this exceptional investment opportunity!
Essential Information
- MLS® #ML82024271
- Price$10,000,000
- Bathrooms0.00
- Acres0.14
- Year Built1938
- TypeCommercial Sale
- StatusActive
Community Information
- Address558560 Waverley Street
- Area699 - Not Defined
- CityPalo Alto
- CountySanta Clara
- Zip Code94301
Interior
- HeatingCentral
- CoolingCentral Air
- # of Stories2
Exterior
- RoofOther
Additional Information
- Date ListedOctober 9th, 2025
- Days on Market68
- ZoningCDCGP
Listing Details
- AgentAnnie Watson
- OfficeColdwell Banker Realty
Price Change History for 558560 Waverley Street, Palo Alto, (MLS® #ML82024271)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $17,999,000 to $10,000,000 | ||
| Price Reduced from $19,500,000 to $17,999,000 |
Annie Watson, Coldwell Banker Realty.
Based on information from California Regional Multiple Listing Service, Inc. as of December 16th, 2025 at 7:15am 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.