150 Shoreline Hwy, Mill Valley, CA 94941
150 Shoreline Hwy, Mill Valley, CA 94941
150 Shoreline Hwy, Mill Valley, CA 94941
26
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Listed by Kevin Obrien • Re/Max Accord
$3,750,000
Est. payment /mo
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15,148 SqFt
Active

150 Shoreline Hwy Mill Valley, CA 94941

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Key Details

Property Type Commercial

Sub Type Garden Apts

Listing Status Active

Purchase Type For Sale

Square Footage 15,148 sqft

Price per Sqft $247

Subdivision Not Listed

MLS Listing ID 41127842

HOA Y/N No

Year Built 1971

Lot Size 0.861 Acres

Property Sub-Type Garden Apts

Source BAY EAST

Property Description

Opportunity Knocks!! Priced WAY, WAY, WAY below replacement cost - we are talking $250 per square foot!! This property is being sold by the original owner who is retiring after owning this property for over 55-years. This property includes THREE buildings - each is about 5,000 square feet = 15,000 square feet total ... The buildings were originally designed as apartments (each unit had its own bathroom), but have been used as office space for over 5 decades ... Most of the 24 bathrooms are still in place. Comes with 50 PARKING SPACES ... The zoning allows for RETAIL, FOOD, OFFICES - OR - AFFORDABLE HOUSING ... this location is UNBELIEVABLY COOL - on the WATERFRONT - spectacular VIEWS and direct access to the Sausalito Trail ... the NEW building next door (156 Shoreline Highway) is setting the precedent for what might be possible to develop here ... DEVELOPERS - run the numbers! NON-PROFITS - buy this place and make a highly-visible HOME for your programs ... 1031-EXCHANGE buyers - park some cash here - the Tenants are on month-to-month leases and would love to stay, giving you cash-flow while you are working on your plans ... Put a STARBUCKS here - this would be an awesome spot for one ...

Location

State CA

County Marin

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet

Fireplace No

Building

Lot Description Level, Premium Lot

Others

Special Listing Condition Standard


Bay East Association of Realtors

NEARBY SCHOOL & BUSINESS

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Max Manatt

Max Manatt

Agent | License ID: 01957416

+1(925) 980-3375

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150 Shoreline Hwy