- For Sale $5,995,000
- Property Type Retail - Street Retail
- Property Size 1,032 SF
- Lot Size 0.28 Acre
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1960
- Date Updated Oct 20, 2026
Description
Prime Signalized Intersection adjacent to Stanford UniversityDo Not Visit Site Until You Speak With Broker. Please No Speaking with Employees/Ownership & Do Not Loiter on Property.
Exclusively Listed and Presented By: The Gas Broker®
An exceptionally rare opportunity to acquire a cash-flowing gas station on trophy real estate adjacent to Stanford University, at the signalized intersection of El Camino Real and Stanford Avenue, with approximately 37,000 cars per day (CoStar).
With the existing fuel supply agreement expired, a buyer has immediate upside potential through rebranding incentives or securing a new supply agreement with significantly more favorable fuel costs. Proposed improvements include transforming the existing building into a modern, high-end convenience store serving the local community and Stanford University, with the potential to expand into the existing automotive garage space to create a larger, state-of-the-art retail facility. (Subject to City approvals)
Beyond its existing operations, the property offers substantial redevelopment potential, including approximately 30,585 SF of gross development area, up to 50 feet in height, for potential residential, mixed-use, or student housing development. See Page 3 for additional details.
To access financial statements, sales reports, lease information, and additional due diligence materials, please execute the NDA to gain access to the Data Room.
Serious, qualified inquiries only.
Highlights
- Expired Fuel Supply Contract!
- High Density Redevelopment Opportunity
- High Margin Operation with Rental Income In Place
- Trophy Real Estate Asset
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Contacts
Chandler J. Kelley
The Gas Broker
Location
Located at 1963 El Camino Real, Palo Alto, CA 94306, this property is part of the Evergreen Park neighborhood and Bay Area market.
Contact Listing Broker
Chandler J. Kelley
The Gas Broker