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)
MLS# | ML81965994 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Pending |
Year | 1954 |
Days On Site | 241 |
Listing Provided By | Kinetic Real Estate (415) 825-2234 | Giovani Franco |
SQ Feet | 4,800 |
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Story(s) | 1 |
Zoning | MS |
Acreage | 0.74 |
State | CA |
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County | Santa Clara |
City | Sunnyvale |
Zip Code | 94085 |
Area | 699 Not Defined |
Listing VS Median (in 94085) | |
Price: $4,200,000 low | high Med: $1,590,000 SqFt: 4,800 low | high Med: 1,906 $ / SqFt: $875 low | high Med: $834 On Site: 241 low | high Med: 11.000000 |