150 Shoreline Hwy, Mill Valley, CA, CA 94941
- $3,500,000
- List Price
- $3,500,000
- Price Change
- ▼ $250,000 1780691713
- Status
- ACTIVE
- MLS#
- 41127842
- County
- Marin
- Year Built
- 1971
- Square Feet
- 37,501
- Days on Market
- 132
- Property Type
- Multifamily
- Neighborhood
- Not Listed
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 ...
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Additional Information
- Parcel Number
- 05237104
- Lot Features
- Street Level
- Heat
- Wall Furnace
- Cooling
- Yes
- Exterior Construction
- Wood Siding
- Roof
- Shingle
Listing courtesy of Listing Agent: Kevin Obrien (EmailKevin@Att.net) from Listing Office: RE/MAX Accord.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.