235 Alma Street Palo Alto, CA $ 4,495,000
235 Alma Street
$ 4,495,000
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235 Alma Street

Palo Alto, CA, 94301
$ 4,495,000
Bedrooms-- Baths-- Sq 3,940

Monthly Estimate*

$ 28,382

235 Alma Street, Palo Alto, CA 94301 - Image 1
235 Alma Street, Palo Alto, CA 94301 - Image 2
235 Alma Street, Palo Alto, CA 94301 - Image 3
235 Alma Street, Palo Alto, CA 94301 - Image 4
235 Alma Street, Palo Alto, CA 94301 - Image 5

Commercial Property for sale in Palo Alto, CA

for $4,495,000. This 3,940 square foot building was built in 1904 on a lot size of 0.1291.

235 Alma St. offers a rare opportunity to own a uniques office or live/work property in the heart of DT Palo Alto. This meticulously updated (2025) property features two structures, totaling approx. 3,940 SF, situated on +/- 5,625 SF parcel. The main building spans multiple levels and includes freshly renovated interiors with clean, modern finishes, while the second structure provides adaptable office or flex space. Recent exterior renovations and professional landscaping have created an inviting environment complemented by abundant natural light throughout both buildings. Onsite and nearby street parking options add convenience for occupants and visitors alike. The location offers unmatched connectivity with close proximity to the PA Caltrain Station, ensuring easy commuter access throughout the Peninsula and Silicon Valley. Property zoning is CD-N(P) which provides for commercial and office uses. The property can be used as SFR as a grandfathered use per written letter with city of Palo Alto.

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Commercial Active

Price

$ 4,495,000

Property Type

Commercial

Taxes

$ 0

Style

Comm Ind For Sale

Lot Size

0.1291

Year Built

1904

Town/City

Palo Alto

County/Region

Santa Clara

MLS | Web ID

ML82051993

Features
General
Living Area 3940
Sewer Public Sewer
Zoning CD-N
Year Built 1904
Property Subtype Comm Ind For Sale
County Santa Clara
Property Type Commercial Sale
HOA false
Status Active
Directions Located on Alma between Everett.
City Palo Alto
MLS Area Listing
Lot Size Square Feet 5625
Standard Status Active
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Exterior
Lot Size Area 5625
Building Area Total 3940
Lot Size Acres 0.1291
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* Excluded Features
List By
David O'such

Listing Agent

Cornish & Carey Commercial

Broker

david.osuch@nmrk.com

Email

Affordability Calculator

$28,382
Per Month
100%
0%
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Monthly Principal & Interest
$28,382
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/23/2026$4,495,000 Listed Price

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235 Alma Street, Palo Alto, CA, 94301 is a Commercial Property for sale at $4,495,000 with 3,940 sqft and a lot size of 0.1291. 235 Alma Street was built in 1904. The property's zip code is 94301 which is in Palo Alto, CA