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    242 Shoreline Hwy Mill Valley, CA 94941

    Sponsored
    For Lease
    $6 SF/Yr ($742 /Mo)

    Commercial Lease, Other - Mill Valley, CA

    Type:Retail
    Property size:
    1,370 SF
    Lot size:
    0.31 Acres
    Days on Market:
    18
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 242 Shoreline Hwy

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    05205209
    Size
    1,370 SF
    Lot size
    0.31 Acres

    Building Details

    Year built
    1949
    Architectural style
    Other

    Engel & Völkers San Francisco Union Street [email protected]

    Listing agent Oleg CRE Verbitski (415) 689-8592

    Listing date Dec 19, 2025

    MLS# 325086142 Listing URL

    Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Mill Valley

    This retail space is located in one of Mill Valley's most active retail corridors, benefiting from significant foot and vehicle traffic due to its location on the main access to Highway 101, ideal for capturing commuters to and from San Francisco. The property is an attractive 2-tenant building that was previously occupied by a grocery and liquor store and a closing retailer. The 1370 square foot space recently underwent a major renovation, potentially offering a plug-and-play situation with minimal tenant improvements needed. It includes one ADA-compliant bathroom, a complete storage room, and dedicated parking. Zoned CP (Planned Commercial), the property allows for various uses, including general retail, office, and food service.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mill Valley Auto ... Tire Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mill Valley
    County
    Marin
    State
    California
    Longitude
    -122.524125
    Latitude
    37.881432

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    FAQs

    What type of property is this?
    Retail space - Retail space in active corridor with high traffic and parking.
    Where is this retail space located?
    The property is located at 242 Shoreline Hwy Mill Valley, CA.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: - High foot and vehicle traffic location on the main access to Highway 101, ideal for capturing commuters to and from San Francisco.; - Recently underwent a major renovation, potentially a plug-and-play situation.; - Zoned CP (Planned Commercial) allowing for various uses.
    (415) 689-8592
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    242 Shoreline Hwy Mill Valley, CA 94941
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    Mill Valley, CA 94941
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    242 Shoreline Hwy Mill Valley, CA 94941
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