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$3,500,000

150 Shoreline Hwy, Mill Valley CA 94941

Mill Valley, CA 94941

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15,148 sqft$231/sqft159 days on market

About This Home

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 ...

Facts & Features

Property Type

Garden Apts

Status

active

Bedrooms

Bathrooms

Interior

15,148 sqft

Building Sqft

15,148 sqft

Lot Size

37,501 sqft

$/sqft

$231

Year Built

1971

Days on Market

159 days

Listed

Mar 19, 2026

MLS #

41127842

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Henry David Catalan, Real Estate Broker and Associates · Henry David Catalan, Broker · California DRE #01711990