295 Commercial Street

Sunnyvale, CA 94085

PRICE REDUCED

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-$300,000 (-6.67%)

$4,200,000

List Price

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1954

calendar_month Built

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)

Listing Information

List Price $4,200,000
Status Active
MLS ML81965994
HOA $0
Type Commercial
Year Built 1954
Lot Size 32,234
Structure Size N/A
DOM 78
Courtesy Of Kinetic Real Estate
Listing Agent Giovani Franco DRE#01947016
Co-Listing Agent Le Nguyen DRE#02181751

Interior Features

Total Bedroom
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Exterior Information

Maps

Listing information courtesy of: Giovani Franco, Le Nguyen, Kinetic Real Estate . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 17th, 2024 at 3:12 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.