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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