Sunnyvale CA Commercial for Sale
$2,200,000
530 Columbia Avenue Sunnyvale, CA 94085
- Type:
- General Commercial
- Sq.Ft.:
- 4,101
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.2 Acres
- Year built:
- 1961
- Baths:
- MLS#:
- ML81983241
ADDITIONAL INFORMATION
Magnify is pleased to present the opportunity to acquire 530 Columbia Ave, a six (6) unit multi-family investment with owner-occupancy potential located in the highly desirable city of Sunnyvale. Constructed in 1961, the property consists of one (1) three-bedroom/two-bathroom unit, one (1) two-bedroom/one-bathroom unit, and four (4) one-bedroom/one-bathroom units, spanning a total of 4,101 square feet. Situated on an 8,539 square-foot lot, recent improvements include four (4) remodeled bathrooms and replaced hot-water supply with copper pipes. This investment has significant upside in potential rental income through further renovations of the interiors. Notably, the presence of a spacious two-story front unit offers the added advantage of potential owner occupancy, further adding to its appeal and versatility. The subject property is located just one mile from Downtown Sunnyvale. It is less that a 10-minute drive from Levi's Stadium and major tech employers including LinkedIn, Google, Microsoft, NVIDIA, and more. Finally, the property provides easy access Lawrence Expressway, El Camino Real, and Highways 101 & 237.
$4,200,000
295 Commercial Street Sunnyvale, CA 94085
- Type:
- General Commercial
- Sq.Ft.:
- 4,800
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.74 Acres
- Year built:
- 1954
- Baths:
- MLS#:
- ML81965994
ADDITIONAL INFORMATION
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)
Sunnyvale Real Estate
The median home value in Sunnyvale, CA is $1,761,600. This is higher than the county median home value of $1,450,100. The national median home value is $338,100. The average price of homes sold in Sunnyvale, CA is $1,761,600. Approximately 43.15% of Sunnyvale homes are owned, compared to 51.98% rented, while 4.87% are vacant. Sunnyvale real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Sunnyvale real estate agent to arrange a tour today!
Sunnyvale, California 94085 has a population of 155,550. Sunnyvale 94085 is more family-centric than the surrounding county with 39% of the households containing married families with children. The county average for households married with children is 38.78%.
The median household income in Sunnyvale, California 94085 is $161,670. The median household income for the surrounding county is $140,258 compared to the national median of $69,021. The median age of people living in Sunnyvale 94085 is 35.2 years.
Sunnyvale Weather
The average high temperature in July is 80.3 degrees, with an average low temperature in January of 42.3 degrees. The average rainfall is approximately 15.4 inches per year, with 0 inches of snow per year.