110 Tiburon BlvdMill Valley, CA 94941

Property Details for 110 Tiburon Blvd

Year built

1975

Lot size

0.35 AC

Property size (Sq ft)

4,050 SF

Property type

Other commercial real estate

APN

043-021-41

APU

4302141

Description

This thriving musical instrument retail business, established in 1976, is located in Mill Valley, CA at 110 Tiburon Blvd, 94941. The 4,000 square foot space boasts a well-designed showroom, lesson rooms, storage, and a repair workshop. The business enjoys a strong reputation built over 46 years, serving a loyal customer base of musicians, educators, and community organizations. It offers a diverse product portfolio including guitars, keyboards, drums, brass, woodwind instruments, accessories, sheet music, and more, complemented by expert repair and lesson services. The business generated $1,852,906 in gross receipts in 2023. A comprehensive inventory valued at over $1,000,000 is included in the sale, along with fixtures, equipment, customer database, branding, and goodwill (total assets valued at over $2,000,000). The current lease is NNN, with a remaining term of approximately 5.4 years (expiring April 30, 2030), and a monthly rate of $11,255. Significant growth opportunities exist through e-commerce expansion, targeted marketing, product diversification, and expanded educational programs. The seller is offering transition support and is motivated to sell due to retirement. Financial statements are available upon signing a non-disclosure agreement. Asking price: $999,000.

• Alternative Use

  Use

  Valuation

  Residential

  $1,271,802

  Hospitality

  $1,164,964

  Educational

  $969,236

  Medical

  $1,002,570

  Retail

  $1,507,701

Location Insight

City

Mill Valley

County

Marin

State

California

Latitude

37.9017

Longitude

-122.511

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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