3585 El Camino Real Palo Alto, CA 94306

Rare opportunity to own this BEST value and flat vacant lot in Palo Alto! The proposed mix-used building was beautifully designed by award winning architect in Palo Alto. The design was approved by the city, next step will be the buidling permit. Total building size is 7,015 SF. It includes 3 stories: 2,594 SF commercial (two offices), and 4,421 SF residential (One 2-bedrm 2-bath unit on 2nd floor; One 2-bedrm 2-bath unit and One 1-bedrm 1 bathrm unit on the top floor). Maybe building it for yourself and rent out or sell the office space? Total 15 car parkings and 5 bike parkings. Zoning CN. 2 miles to Stanford University. 3 miles to Palo Alto Downtown. A lot of potential!