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Historic Mixed-Use Property
New
For Sale
$3,495,000

503 Magnolia Avenue, Larkspur, CA 94939

Corner asset combining occupied retail frontage with a vacant standalone rear building.

Property Size3,736 SF
Lot Size0.17 Acres
Price / SF$935.49
Days on Market4

Property Features for 503 Magnolia Avenue

General Information

Standard status Active
Size 3,736 SF
Total Parking Spaces 2
Lot size 0.17 Acres
Property subtype Commercial
Zoning SD

Site & Location

Corner Location Yes
Highway Access Yes
Road Access Yes
Public Transit Yes

Amenities

garages
private courtyard storage
Garage
Patio
City Lot
Exclusive
Landscaped
Low Maintenance
Restaurant Nearby
Shopping Nearby
Uncovered Parking

Building Details

Year Built 1906
Buildings 4
Tenancy Multi
Listing Agency: COMPASS
Listed By: FRANK VILLANUEVA
Source: Corcoran
Added: Jul 30 Changed: Aug 2 Last Checked: Aug 2 at 9:08AM

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 COMPASS

Investment Insights

Based on property information with market context.

This historic mixed-use property includes four buildings totaling 3,736 SF on a 7,500 SF lot. The Magnolia Avenue frontage contains two established, long-term retail tenants, while 115 Ward Street is a vacant standalone building classified as residential and previously used as an office. The property also includes two dedicated parking spaces with garages and private courtyard storage.

Zoned SD (Storefront Downtown), the property carries a historic designation and occupies a prominent corner in downtown Larkspur’s Magnolia Avenue corridor. The setting is pedestrian-oriented and surrounded by boutique retailers, restaurants, and neighborhood amenities. The Lark Theater is steps away, with access to the Larkspur Ferry Terminal and Highway 101 nearby.

Key Highlights

  • Four buildings totaling 3,736 SF on a 7,500 SF lot
  • SD (Storefront Downtown) zoning with historic designation
  • Two established, long‑term retail tenants along Magnolia Avenue

Property Analytics

Current Use

Coquelicot (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Grocery & Convenience Store HVAC Service Parking Lot & Garage Carpet & Flooring Store Storage Facility Electrical Service

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

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,641
Businesses Nearby

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 Office in West region

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

What type of property is this?
Mixed-use property - Corner asset combining occupied retail frontage with a vacant standalone rear building.
Where is this mixed-use property located?
The property is located at 503 Magnolia Avenue Larkspur, CA.
What is the asking price?
The asking price for this property is $3,495,000.
What are key features of this property?
This property features: Four buildings totaling 3,736 SF on a 7,500 SF lot; SD (Storefront Downtown) zoning with historic designation; Two established, long‑term retail tenants along Magnolia Avenue
More about this property
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