Active

150 Shoreline Hwy

Mill Valley, CA 94941

$3,500,000 $14,756/Mo

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Overview

Bed

Bath

37,501

Sqft(Lot)

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 ...

Property Details

Property Type : Residential Income

Price : $3,500,000

AD Id : 76268417

MLS Id : 41127842

Lot Size : 37,501 Sqft

Year Built : 1971

County : Marin

Subdivision: Fallbrook

Map

What's Nearby

Nearby Areas

Features

Bathroom Information

Total Baths: 0
Interior Features

Roof: Shingle
Cooling Features

Wall/Window Unit(s) Air Conditioning

Heating Source

Wall Furnace Has Heating

Building Information

Year Built: 1971 Construction: Wood Siding Roof: Shingle

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.8609
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 37501

Listing Price Information

Original List Price: 3,500,000 Listing Contract Date: 2026-03-19

Tax Information

Parcel Number: 05237104

Rental Info

Lease Term: Negotiable Tenant Pays: Gas

Other Property Info

Source Listing Status: Active Source Neighborhood: Directions: Cross Street: Hwy-101 & Hwy-1. Source Property Type: Residential Income
Building and Construction

Property Age: 55 Year Built Source: Vendor Enhanced

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
9 Clotilda Ct, Mill Valley, CA, 94941	$1,695,000	5	3	2,421	2,421 SqFt
Magee Avenue, Mill Valley, CA, 94941	$2,550,000	3	2	2,118	2,118 SqFt

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9 Clotilda Ct,
Mill Valley, CA, 94941

Bed

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Sqft(Lot)

150 Shoreline Hwy,
Mill Valley, CA, 94941

37,501

Sqft(Lot)

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ByOwner last updated this listing 06/07/2026 @ 18:48

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