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150 Shoreline Hwy

Mill Valley, CA 94941
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Bed 0

Bed

Bath 0

Bath

SqFt37,501

Sqft(Lot)

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 ...

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $3,500,000

AD Id : 76268417

MLS Id : 41127842

Lot Size : 37,501 Sqft

Year Built : 1971

County : Marin

Subdivision: Fallbrook

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Feature Features

  • Interior Features

    Roof: Shingle
  • Heating & Cooling

    Has Heating: Yes Heating: Wall Furnace Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 1971
    Construction Materials: Wood Siding
    Private Pool: No

  • Lot Information

    Main Square Feet: 37501 Lot Size Acres: 0.8609 Lot Size Square Feet: 37,501 Lot Description: Street Level

    Property Information

    Subdivision: Not Listed Source Property Type: Residential Income Property Age: 55

  • Listing Price Information

    Listing Price: $3500000
    Original Price: $1750000

  • Tax Information

    Parcel Number: 05237104

  • Parking Information

    Parking Total: 50

  • Location Information

    Direction: Cross Street: Hwy-101 & Hwy-1.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
227 Richardson Dr, Mill Valley, CA, 94941 $3,599,999 4 3 3,413 3,413 SqFt
27 Midway Avenue, Mill Valley, CA, 94941 $2,095,000 4 3 2,027 2,027 SqFt
Magee Avenue, Mill Valley, CA, 94941 $2,550,000 3 2 2,118 2,118 SqFt

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ByOwner last updated this listing 07/24/2026 @ 16:09

MLS: 41127842 LISTED BY: Kevin Obrien, RE/MAX Accord 925-283-9200 SOURCE: CRMLS

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