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Millman Team Real Estate

$3,500,000
0.86 Acre Lot

150 Shoreline Hwy, Mill Valley, California 94941

  • Residential Income Property Type
  • 1971 Year Built
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 …

Basic Details
Residential Income
For Sale
41127842
$3,500,000
1971
0.86 Acre
Active
: Shingle
Features
: Wall Furnace
: Wall/Window Unit(s)
$0
Address Map
CA
Marin
Mill Valley
Not Listed
94941
Shoreline Hwy
150
W123° 28' 53.7''
N37° 52' 53''
Cross Street: Hwy-101 & Hwy-1.
Additional Information
$0
$0
$0
$0
$0
: Wood Siding
: Street Level
24
2026-03-19
3750000
Broker/Agent Information
RE/MAX Accord
Kevin Obrien
Listing Information
CCBE-159510306BE
CCBE-SJGS03
Active
2026-06-12T08:34:56Z
CRMLS
2026-06-11T17:00:00Z
Agent info
Ray Millman
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