295 Commercial ST, Sunnyvale, CA 94085
- $4,500,000
Listed by Giovani Franco, 650-296-3880 from Kinetic Real Estate
(If provided) CoList: Le Nguyen from Real Estate Avenue
Sold listing courtesy of RECIP from RCIP
- Sold Price
- $4,500,000
- List Price
- $4,200,000
- Closing Date
- Feb 13, 2025
- MLS#
- ML81965994
- Status
- SOLD
- Lot Size
- 32,234
- Listing Area
- Sunnyvale
- Year Built
- 1954
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)
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Additional Information
- Acres
- 0.74
- Age
- 70
- Cooling System
- Other
- Foundation
- Other
- Garage Parking
- Covered Parking, Parking Area, Workshop in Garage
- Heating System
- Other
- Lot Size
- 32,234
- Neighborhood
- Sunnyvale
- Other Utilities
- Public Utilities
- Present Use
- Automotive
- Roof
- Other
- Sewer
- Sewer - Public
- Unincorporated Yn
- Yes
- Zoning
- MS
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