150 Shoreline Hwy, Mill Valley, CA 94941
150 Shoreline Hwy, Mill Valley, CA 94941
150 Shoreline Hwy, Mill Valley, CA 94941
150 Shoreline Hwy, Mill Valley, CA 94941
150 Shoreline Hwy, Mill Valley, CA 94941
150 Shoreline Hwy, Mill Valley, CA 94941
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Listed by Kevin Obrien, DRE #01385083 • Re/Max Accord
$ 3,750,000
Est. payment | /mo

15,148 SqFt


Save
$ 3,750,000
Est. payment | /mo
Save

15,148 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 15,148 sqft

Price per Sqft $247

MLS Listing ID BE41127842

Year Built 1971

Lot Size 0.861 Acres

Property Sub-Type Five or More Units

Source Bay East

Property Description

Opportunity Knocks!! Priced WAY, WAY, WAY below replacement cost - we are talking $250 per square foot!! This property is being sold by the original owner who is retiring after owning this property for over 55-years. This property includes THREE buildings - each is about 5,000 square feet = 15,000 square feet total ... The buildings were originally designed as apartments (each unit had its own bathroom), but have been used as office space for over 5 decades ... Most of the 24 bathrooms are still in place. Comes with 50 PARKING SPACES ... The zoning allows for RETAIL, FOOD, OFFICES - OR - AFFORDABLE HOUSING ... this location is UNBELIEVABLY COOL - on the WATERFRONT - spectacular VIEWS and direct access to the Sausalito Trail ... the NEW building next door (156 Shoreline Highway) is setting the precedent for what might be possible to develop here ... DEVELOPERS - run the numbers! NON-PROFITS - buy this place and make a highly-visible HOME for your programs ... 1031-EXCHANGE buyers - park some cash here - the Tenants are on month-to-month leases and would love to stay, giving you cash-flow while you are working on your plans ... Put a STARBUCKS here - this would be an awesome spot for one ...

Location

State CA

County Marin

Area Other Area

Interior

Heating Wall Furnace

Cooling Window / Wall Unit

Flooring Carpet - Wall to Wall

Exterior

Exterior Feature Siding - Wood

Parking Features Parking Area

Garage Spaces 50.0

Roof Type Composition

Building

Lot Description Grade - Level, Other

Sewer Sewer - Public

Water Public

Others

Tax ID 052-371-04

Special Listing Condition Not Applicable

MLS Listing IDX PLUS

Nearby Locations

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150 Shoreline Hwy