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$4,500,000
$4,200,000 7.1%
Est. payment /mo
0.74 Acres Lot
Sold on 02/13/2025
295 Commercial ST Sunnyvale, CA 94085
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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
Listed by Giovani Franco • Kinetic Real Estate
Bought with RECIP
Bought with RECIP