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Listed by Kinetic Real Estate, Giovani Franco, Le Nguyen Listing Contact: 650-296-3880
4,800 sqft

$4,500,000

295 Commercial ST, Sunnyvale CA, 94085

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

Overview

Sold

Listed May 31, 2024

Updated Jul 25

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

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.74 Acres

Also listed on BEAR

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Listed by Kinetic Real Estate, Giovani Franco DRE:01947016, Le Nguyen
Listing Contact: 650-296-3880 

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