Active

295 Commercial ST

SUNNYVALE CA, 94085

$4,500,000


$937.50 per sqft

Active

4,800 sqft

Commercial

Built in 1954

Listed by Kinetic Real Estate, Giovani Franco, Le Nguyen Listing Contact: 6502963880

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)

ML81965994

MLS ID

June 1, 2024

Listed

July 13, 2024

Updated

Map

295 Commercial ST
SUNNYVALE CA, 94085

Interior Features

Total Stories

1


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.74 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Sunnyvale


Garage

No


View

No


County

Santa Clara


Water Source

Public


Pool

No


Zoning

MS


Buyer Agency Compensation

2.5%

Listed by Kinetic Real Estate, Giovani Franco, Le Nguyen
Listing Contact: 6502963880 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Shanna Desai shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Shanna Desai are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.

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Data last updated 12:27 PM UTC, 7/13/2024

 

 

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