30 Miller Avenue Mill Valley, CA 94941
Commercial Sale, Other - Mill Valley, CA
Property Features for 30 Miller Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Standard status
- Active
- APN
- 02806113
- Size
- 3,431 SF
- Lot size
- 0.07 Acres
Building Details
- Year built
- 1928
- Architectural style
- Other
Listing agent Michael B Johnston
Listing office Engel & Völkers San Francisco Union Street 2200 Union Street, San Francisco, CA (415) 689-8592
Listing date Jun 12, 2026
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.
Investment Insights
Based on property information with market context.
The property has undergone a series of capital improvements, including new HVAC systems, updated facade and retail paint, fresh awnings, water heater replacement, skylight film upgrades, and roof treatment. Rooftop solar panels were installed in 2014.
Offered for sale as a retail and office investment, the building provides a mix of in-place tenancy with the majority of the office layout separated into individual suites.
Key Highlights
- Prime downtown Mill Valley location with high foot traffic
- Fully leased property with in‑place income from retail and office tenants
- Recent capital improvements including new HVAC, updated facade, and roof treatment
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $123.9k | $36.12 |
| − Vacancy | −$31.5k | −$9.17 |
| EGI | $92.5k | $26.95 |
| − OpEx | −$23.1k | −$6.74 |
| NOI | $69.3k | $20.21 |
Alternative Uses
Property Analytics
Current Use by Public Records
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