This commercial property zoned CDN-P has an excellent downtown location and is situated on Alma St. with good visibility and offers many possibilities including using the existing structures or developing the property which could include a mixed use development with both office & residential. Buyer to investigate with the city of Palo Alto all building opportunities. The property currently has 2 buildings. The first front building was originally a residence that has a ground level and lower level plus a converted second level attic space. The front building is ~2,130 sq.ft. plus an attic office space currently leased not counted in the sq.ft. shown and the rear building is a single level structure with ~1,365 sq.ft. These two buildings have both been rented for years to different Silicon Valley companies including companies like Nest an other startups. Lot is ~5625 sq.ft. per County records. The 2nd level attic space in front building is leased but was given a 60 day notice to vacate.