True
Space Available For Lease 3
328 University Ave |
• 328 University is a ±2,000 SF Retail Unit For Lease. • The Space is Currently Vacant, and it used to be lease Qualia Contemporary Art Studio and before that it was Walgreens Specialty Pharmacy ![]()
Jeremy Awdisho
Meacham/Oppenheimer CORFAC International ![]()
David Taxin
Meacham/Oppenheimer CORFAC International |
330 University Ave |
±1,200 SF Office Space for Rent ![]()
Jeremy Awdisho
Meacham/Oppenheimer CORFAC International ![]()
David Taxin
Meacham/Oppenheimer CORFAC International |
338 University Ave |
• 338 University is a ±2,800 SF Retail Unit For Lease. • The Space is Currently Vacant, and it used to be lease to Siam Royal Thai Restaurant. • The Kitchen Exhaust Hood is still in Place. ![]()
Jeremy Awdisho
Meacham/Oppenheimer CORFAC International ![]()
David Taxin
Meacham/Oppenheimer CORFAC International |
Contacts

Meacham/Oppenheimer CORFAC International

Meacham/Oppenheimer CORFAC International

Meacham/Oppenheimer CORFAC International
Property Details
- Property Type Retail
- Property Size 8,700 SF
- Year Built 1926
- Date Updated Sep 8, 2025
STREET RETAIL NEXT TO THE APPLE STORE IN DOWNTOWN PA
♦ Former Restaurant Space with Hood still in place
♦ Former Art Studio Well Lit Vanilla Shell Space
♦ 2nd Floor Office Space-Multiple Rooms
♦ Excellent Palo Alto Location
♦ Building is Offered For Sale as well
Reach out to the broker for more info on lease terms and amenities
Getting around
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Location
- City Palo Alto, CA
- Neighborhood Downtown North Palo Alto
- Zip Code 81241
- Market Bay Area
Points of Interest
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Downtown Mountain View
5.91 miles
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San Carlos
6.79 miles
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Whisman
6.87 miles
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Middlefield
7.04 miles
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Moffett Park
7.73 miles
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Crossman
8.75 miles
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Fair Oaks
8.97 miles
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Vienna
9.48 miles
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Arden
9.83 miles
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ChargePoint
0.63 miles
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Coast Gasoline
0.66 miles
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Shell
0.79 miles
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Palo Alto Unified School District Corporation Yard
0.84 miles
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Willow Cove Gas
1.08 miles
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Conoco Phillips 76
1.28 miles
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Chevron
1.29 miles
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76
1.45 miles
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Valero
1.47 miles
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Palo Alto Shell
1.66 miles
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Ramona/Lytton Lot (Lot C)
0.04 miles
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Emerson/Lytton Lot (Lot A)
0.06 miles
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Bryant/Lytton Garage (Lot S/L)
0.08 miles
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Lot K
0.10 miles
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Emerson/High Lot (Lot O)
0.11 miles
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Lot F
0.12 miles
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Ramona/University Garage (Lot B)
0.13 miles
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High/Alma North Garage (Lot Q)
0.14 miles
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Emerson/Ramona Lot (Lot N)
0.14 miles
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High / Hamilton Lot (Lot P)
0.17 miles
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Bird Dog
0.04 miles
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Garden Fresh Vegan
0.06 miles
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Jing Jing
0.07 miles
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The Patio
0.08 miles
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Oren's Hummus Shop
0.08 miles
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Rangoon Ruby
0.08 miles
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Local Union 271
0.08 miles
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Evvia Estiatorio
0.08 miles
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Steam
0.09 miles
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Araki Sushi
0.10 miles
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Whole Foods Market
0.34 miles
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Bloomingdale's
0.38 miles
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SOS Fine Foods
0.51 miles
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Macy's
0.54 miles
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Stanford Shopping Center
0.56 miles
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The Willows Market
0.57 miles
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Neiman Marcus
0.61 miles
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Trader Joe's
0.62 miles
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Nordstrom
0.75 miles
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Safeway
0.91 miles
328 & 338 University Ave Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
328 & 338 University Ave is located in Downtown North Palo Alto, which is home to a total of 2 listing(s). The rent for retail space at 328 & 338 University Ave is available upon request. Feel free to reach out using the contact form conveniently included on this page to find out more about what the property can offer for your business.
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The property includes 4,800 square feet of retail space for lease. Of this total, 2,000 square feet are Retail, 2,800 square feet are Restaurant.
In addition to retail space, the property also includes 1 office space(s). Mixed-use buildings combining office space alongside retail present additional opportunities for steady foot traffic and a potentially loyal customer base.
For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
Knowing your ideal customer is essential. For your consideration, the average age of residents in Downtown North Palo Alto is 45. The average household income here is $235,529 per year.
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.