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4,800 sqft

$4,500,000

295 Commercial Street, Sunnyvale CA, 94085

Price per sqft$937.50
Built in1954
Property size4,800 sqft
Property typeCommercial

Overview

Sold

Listed May 31, 2024

Updated Jun 1

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)

Additional information

MLS® ID
ML81965994

Interior Features

Basement
No

Exterior Features

Lot Size
0.74 Acres

Also listed on MLSLISTINGS

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Listed by Giovani Franco, with Kinetic Real Estate
Listing Contact: 650-296-3880 

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