See all 21 photos
$4,200,000
Est. payment /mo
4,800 SqFt
Active
295 Commercial ST Sunnyvale, CA 94085
UPDATED:
11/19/2024 02:23 AM
Key Details
Property Type Commercial
Sub Type Commercial Property
Listing Status Active
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $875
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 Sunnyvale
Zoning MS
Interior
Heating Other
Cooling Other
Exterior
Garage Covered Parking, Parking Area, Workshop in Garage
Utilities Available Public Utilities
Roof Type Other
Present Use Automotive
Building
Story 1
Foundation Other
Sewer Sewer - Public
Water Public
Level or Stories 1
Others
Restrictions None
Tax ID 205-34-013
Security Features Other
Special Listing Condition Not Applicable
© 2024 MLSListings Inc. All rights reserved.
Listed by Giovani Franco • Kinetic Real Estate