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.