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Downtown Historic District Retail Center
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1133-1139 Magnolia Avenue, Larkspur, CA 94939

Multi-storefront retail center on Magnolia Avenue in Larkspur’s downtown historic district, built for neighborhood-serving businesses.

Property Size5,386 SF
Price / SF$822.28
Days on Market66

Property Features for 1133-1139 Magnolia Avenue

General Information

Standard status Active
Size 5,386 SF
Total Parking Spaces 18
Property subtype Retail
Zoning C2 General Commercial
Occupancy 100%
Lease Type NNN
Investment Type Stabilized
Net Operating Income $243,498

Building Details

Year Built 1948
Buildings 3
Tenancy Multi
Listing Agency: Retail West, Inc.
Listed By: Sami Zeger · License #CA
Source: Crexi
Added: Jun 8 Changed: Aug 8 Last Checked: Aug 11 at 4:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Retail West, Inc.

Investment Insights

Based on property information with market context.

Magnolia Village is a retail property featuring multiple storefronts at 1133–1139 Magnolia Avenue, totaling 5,386 square feet of commercial space. The asset is positioned within the Larkspur Downtown Historic District, where early-20th-century storefronts and existing neighborhood-serving businesses help define the character of the corridor.

The property is located along Magnolia Avenue, identified in the remarks as the primary retail and dining corridor in downtown Larkspur. The surrounding area is described as walkable, with preserved storefronts and restaurants that serve the community. The property is also adjacent to a planned 1.17-acre development site for 20 townhomes (16 market-rate units and 4 affordable units) plus 1,488 square feet of commercial space, expected to come online by Q3 2027.

For retailers seeking foot-traffic and a downtown, historic-corridor setting, Magnolia Village offers an established storefront configuration within a walkable retail and dining environment. The nearby planned residential and additional retail space are expected, per the provided remarks, to introduce additional residential density and retail demand to the immediate area by Q3 2027. The broader Marin County market context is also noted in the remarks as an affluent trade area, including nearby communities such as Kentfield, Ross, Corte Madera, and San Anselmo.

Key Highlights

  • Multi‑storefront retail center built in 1948 on Magnolia Avenue in downtown Larkspur
  • Located within the Larkspur Downtown Historic District
  • Adjacent to a 1.17‑acre development planned for 20 townhomes (16 market‑rate and 4 affordable)

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Restaurant Auto Repair Shop Auto Parts Store HVAC Service Big Box & Wholesale Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,641
Businesses Nearby
15k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 46% Shops & Services 29% Dining 25%
Jim Corbet's Store Home Improvements & Furnishings
6,764 visits/mo 0.2 miles
BMO Harris Bank Shops & Services
4,232 visits/mo 0.4 miles
Cheese Steak Shop Dining
3,634 visits/mo 0.3 miles

Demographics for 94939, CA

7,465
Population
3,691
Households
2
Avg Household Size
48
Median Age
76%
College-Educated
98%
High-School Grad
2.4 sq mi
ZIP Area
3,110
Density / Sq Mi
$182,743
Median Household Income
$84,235
Median Earnings
$3,104
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Multi-storefront retail center on Magnolia Avenue in Larkspur’s downtown historic district, built for neighborhood-serving businesses.
Where is this shopping center located?
The property is located at 1133-1139 Magnolia Avenue Larkspur, CA.
What is the asking price?
The asking price for this property is $4,428,800.
What are key features of this property?
This property features: Multi‑storefront retail center built in 1948 on Magnolia Avenue in downtown Larkspur; Located within the Larkspur Downtown Historic District; Adjacent to a 1.17‑acre development planned for 20 townhomes (16 market‑rate and 4 affordable)
(415) 292-7200 Call to check price and availability
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