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150 Shoreline Hwy Mill Valley, CA 94941

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For Sale
$3,750,000

Three buildings totaling 15,000 SF with flexible zoning.

Lot size:
0.86 Acres

Property Features for 150 Shoreline Hwy

General Information

Property type
Investment
Standard status
Active
Lot size
0.86 Acres

Building Details

Year built
1971

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Listing Contact
Kevin Obrien
Source: Elliman

Listing Agency: RE/MAX ACCORD Listing Agent: Kevin Obrien

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Waterfront Property with Development Potential

This property features three buildings, each approximately 5,000 square feet, totaling 15,000 square feet. Originally designed as apartments with individual bathrooms in each unit, the buildings have been utilized as office space for over 50 years, and most of the 24 bathrooms are still in place. The property includes 50 parking spaces. Zoned for retail, food service, offices, or affordable housing, this waterfront location offers views and direct access to the Sausalito Trail. The adjacent new building at 156 Shoreline Highway may set a precedent for future development possibilities. The property is suitable for various uses, including retail, coffee shops, restaurants, and office spaces. It is also ideal for non-profit organizations seeking a visible location for their programs or for 1031-exchange buyers looking for cash-flowing tenants on month-to-month leases.
Location Intelligence

Current Use by Public Records

Sage Designs Inc Distribution Center Cole Chiropractic Alternative Medicine Practice Studio Joi -HAIR ... Hair Salon Dorothy O'Leary, MFT Family Counselor Myopro Alternative Medicine Practice

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

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City
Mill Valley
County
Marin
State
California
Longitude
-122.5183404
Latitude
37.8808911

FAQs

What type of property is this?
Office building - Three buildings totaling 15,000 SF with flexible zoning.
Where is this office building located?
The property is located at 150 Shoreline Hwy Mill Valley, CA.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: - Priced significantly below replacement cost at $250 per square foot.; - Waterfront location with spectacular views and direct access to the Sausalito Trail.; - Three buildings totaling 15,000 square feet.
More about this property
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