About 706 Colorado Ave
Rare opportunity to acquire an operating Round Table Pizza with fee-simple real estate in prime Midtown Palo Alto. Sale includes the established business and the land/building at 702 Colorado Ave. Ideal for owner-users or investors seeking long-term ownership in a high-barrier, supply-constrained market. Strong neighborhood traffic, excellent walkability, and proximity to residential areas, offices, retail, and major commuter routes. Well suited for owner-operators or 1031 buyers. Flexible future potential to continue operations, reposition, or redevelop subject to zoning and city approvals. Attractive opportunity for operational upside and long-term appreciation.
Features of 706 Colorado Ave
| MLS® # | 41120131 |
|---|---|
| Price | $3,700,000 |
| Bathrooms | 0.00 |
| Acres | 0.19 |
| Year Built | 1954 |
| Type | Commercial Sale |
| Status | Active |
Community Information
| Address | 706 Colorado Ave |
|---|---|
| City | Palo Alto |
| County | Santa Clara |
| Zip Code | 94303 |
Amenities
| Parking Spaces | 5 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
Exterior
| Exterior | See Remarks |
|---|---|
| Roof | Tar/Gravel |
| Construction | See Remarks |
Additional Information
| Date Listed | January 6th, 2026 |
|---|---|
| Days on Market | 250 |
| Zoning | C2S |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Harmit S Toor |
|---|---|
| Office | Bay East Brokers, Inc |