Active
295 Commercial Street
Sunnyvale CA, 94085
$4,200,000
$875.00 per sqft
Active
4,800 sqft
Commercial
Built in 1954
Situated in the heart of Silicon Valley and behind the renowned Apple Campus, 295 Commercial Ave, Sunnyvale, offers an extraordinary commercial development opportunity. This former auto shop occupies a 33,498-square-foot lot with M1 (Light Industrial) zoning, providing a versatile foundation for large-scale projects. The property's strategic location and zoning flexibility make it ideal for a state-of-the-art hotel, cutting-edge office space, or an innovative tech/AI hub. The proximity to the Apple Campus ensures high demand for commercial developments. A modern hotel could cater to business travelers and tech professionals with high-tech rooms, meeting spaces, and top-tier amenities. Alternatively, an office complex with flexible layouts and advanced IT infrastructure would attract tech companies and startups. Developing a tech/AI hub could foster innovation with labs, collaborative spaces, and research facilities. The property's height limit of up to 8 floors allows for significant vertical development, maximizing space and project value. Investment benefits include a prime location, versatile zoning, and long-term growth potential in a thriving tech region. (Brokers Tour: June 12, Wednesday, 1:00-3:00pm)
ML81965994
MLSⓇ ID
May 31, 2024
Listed
November 21, 2024
Updated
Map
295 Commercial Street
Sunnyvale CA, 94085
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.74 Acres
Other Property Details
Area Name
Sunnyvale
Garage
No
View
No
County
Santa Clara
Pool
No
Zoning
MS
Listing History
Date | Event | Price |
---|---|---|
8/14/2024 | Price change | $4,200,000 -7% |
Listed by Giovani Franco with Kinetic Real Estate
Listing Contact: 650-296-3880
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