Sunnyvale, CA 94085,295 Commercial Street
Sunnyvale, CA 94085,295 Commercial Street
Sunnyvale, CA 94085,295 Commercial Street
$4,500,000
Est. payment /mo
$4,200,000
7.1%
Est.Price: ?

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4,800 SqFt
SOLD DATE : 02/13/2025

Key Details

Sold Price $4,500,000

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Sold

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $937

MLS Listing ID ML81965994

Sold Date 02/13/25

HOA Y/N No

Year Built 1954

Lot Size 0.740 Acres

Acres 0.74

Property Sub-Type Comm Ind For Sale

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

Zoning MS

Interior

Fireplace No

Building

New Construction No

Others

Tax ID 20534013

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Bridge MLS
Listed by Giovani Franco • Kinetic Real Estate
Bought with Recip

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agent

Parisa Samimi

+1(510) 410-4050

Founder & Real Estate Broker | License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

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