Residential Income - 150 Shoreline Hwy, Mill Valley, CA
$3,300,000
150 Shoreline Hwy, Mill Valley, CA
MLS# 41127842
Description
Opportunity Knocks!! Priced WAY, WAY, WAY below replacement cost - we are talking $220 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 ... Many 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
Location
150 Shoreline Hwy • Mill Valley, CA 94941
Listing Agent
Kevin Obrien
DRE #: 01385083
Brokerage: RE/MAX Accord
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CRMLS
MLS# 41127842
Listed: 3/19/2026 8:43 AM
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Listed by: RE/MAX Accord
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.