MILL VALLEY ... For-Sale ... Mixed-Use Building ... Quaint, Tudor-Style Building with wonderful curb-appeal and good rent history - 6-miles to Muir Beach and less than a mile to Tam Junction. First time on the market since 1984 - this has been a terrific, family-managed rental property for the sellers and now it is time to pass it on to a new generation of owners. Excellent condition - well-maintained with lots of recent improvements, including sound-limiting between units. Upstairs you will find 5 apartments (two with 2-bedrooms and three with 1-bedroom). Downstairs are three spaces for retail / office / commercial (zoned General Commercial / Mixed Use). Next door to the Fire Station with good parking for Tenants and some visibility to Hwy-1 / Shoreline Hwy. Proforma Cap-Rates of 5.6% with current Tenants, or 7% Cap-Rates from HUD programs. Rent Roll and 3-Years of Financials are available - see Disclosure Package. Offers reviewed on Wednesday, August 26th at 3pm.
| MLS # | 41145498 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1961 |
| Days On Site | 7 |
| Listing Provided By | RE/MAX Accord | Kevin Obrien |
| Car Port | Yes |
|---|---|
| Units | 8 |
| Acreage | 0.15 |
| Heating | Forced Air |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Dryer, Washer |
| Construction Materials | Stucco, Wood Siding |
|---|---|
| Lot Features | Street Level |
| Parking Features | Carport, On Street |
|---|
| State | CA |
|---|---|
| County | Marin |
| City | Mill Valley |
| Zip Code | 94941 |
| Community Name | Not Listed |
| Listing VS Median (in Not Listed) | |
Price: $3,000,000 low | high Med: $0 On site: 7 low | high Med: | |
| State | CA |
|---|---|
| County | Marin |
| City | Mill Valley |
| Zip Code | 94941 |
| Community Name | Not Listed |
| Listing VS Median (in Not Listed) | |
Price: $3,000,000 low | high Med: $0 On site: 7 low | high Med: | |
![]() | $1,850,000407 Maple StreetMill Valley, CA 94941 |