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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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235 Alma Street, Palo Alto – $4,988,000

  • $5M Price
  • .13 Acres
  • 30 DOM
  • $5M Price
  • .13 Acres
  • 30 DOM

235 Alma Street

Two recently updated buildings in downtown Palo Alto zoned CD-N, which allows a multiplicity of uses: residential, office, retail, personal services [e.g., fitness center], and more or a mix of uses // Front house [2560 sf] has 3 bedrooms [or offices] including an open lower level [955 sf] that can accommodate a variety of personal or commercial uses // Rear building [1380 sf] is a brick clad high bay clear space with skylights, a wall of glass, and a glass roll up door: an open canvas for your creativity // Inviting landscape embraces the buildings // Walk to downtown amenities // Refer to SB 79 for high density redevelopment potential //

Essential Information

  • MLS® #ML82035251
  • Price$4,988,000
  • Bathrooms0.00
  • Acres0.13
  • Year Built1904
  • TypeCommercial Sale
  • StatusActive

Community Information

  • Address235 Alma Street
  • Area699 - Not Defined
  • CityPalo Alto
  • CountySanta Clara
  • Zip Code94301

Amenities

  • Parking Spaces2

Interior

  • HeatingCentral, Fireplace(s)
  • CoolingGas
  • # of Stories3

Exterior

  • RoofComposition, Foam

Additional Information

  • Date ListedFebruary 17th, 2026
  • Days on Market30
  • ZoningCD-N (P)

Listing Details

  • AgentSteve Niethammer
  • OfficeZane MacGregor
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Steve Niethammer, Zane MacGregor.

Based on information from California Regional Multiple Listing Service, Inc. as of March 19th, 2026 at 12:46pm PDT. 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.