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Mixed-Use Building with Apartments
New
For Sale
$3,000,000

301 Poplar St, Mill Valley, CA 94941

Well-maintained property combines residential rentals with General Commercial / Mixed Use space and tenant parking.

Property SizeContact for details
Days on Market3

Property Features for 301 Poplar St

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 1961
Units 8
Listing Agency: RE/MAX Accord
Listed By: Kevin Obrien · License #1385083
Source: Elliman
Added: Aug 21 Changed: Aug 23 Last Checked: Aug 23 at 11:02AM

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 RE/MAX Accord

Investment Insights

Based on property information with market context.

Built in 1961, this mixed-use property contains five upstairs apartments: two with two bedrooms and three with one bedroom. The lower level provides three separate retail, office, or commercial spaces under General Commercial / Mixed Use zoning. Recent improvements include sound-limiting measures between units, and the building has been maintained in excellent condition.

The property is adjacent to a fire station, with parking available for tenants and visibility toward Hwy-1 / Shoreline Hwy. It is located less than a mile from Tam Junction and approximately 6 miles from Muir Beach. Proforma cap rates are stated at 5.6% with current tenants and 7% through HUD programs.

Key Highlights

  • Five upstairs apartments with a mix of two‑bedroom and one‑bedroom units
  • Three downstairs retail, office, or commercial spaces
  • General Commercial / Mixed Use zoning

Property Analytics

Current Use

New Moves Gym & Fitness Center MAR integrative Physician

Suggested Use

Top Pick Hair Salon Real Estate Agency Dental Office Building Supply HVAC Service 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

369
Businesses Nearby

Demographics for 94941, CA

31,480
Population
13,860
Households
2.3
Avg Household Size
47
Median Age
77%
College-Educated
99%
High-School Grad
37.7 sq mi
ZIP Area
835
Density / Sq Mi
$210,217
Median Household Income
$100,535
Median Earnings
$2,949
Median Rent
$1,990,100
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Well-maintained property combines residential rentals with General Commercial / Mixed Use space and tenant parking.
Where is this mixed-use property located?
The property is located at 301 Poplar St Mill Valley, CA.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Five upstairs apartments with a mix of two‑bedroom and one‑bedroom units; Three downstairs retail, office, or commercial spaces; General Commercial / Mixed Use zoning
More about this property
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