Sunnyvale, CA 94085,295 Commercial ST
Sunnyvale, CA 94085,295 Commercial ST
Sunnyvale, CA 94085,295 Commercial ST
21
$4,500,000
$4,200,000
7.1%
Est.Price: ?

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0.74 Acres Lot

295 Commercial ST Sunnyvale, CA 94085

Est. payment /mo
SOLD DATE : 02/13/2025

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Key Details

Sold Price $4,500,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID ML81965994

Year Built 1954

Lot Size 0.740 Acres

Property Description

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)

Location

State CA

County Santa Clara

Area 699 - Not Defined

Zoning MS

Exterior

Roof Type Other

Building

Story 1

Water Public

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California Regional MLS (CRMLS)
Listed by Giovani Franco • Kinetic Real Estate
Bought with RECIP

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agent

Brian Lacklen

Agent | License ID: 01755681

+1(619) 823-7904

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