234 Shoreline Hwy
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234 Shoreline Hwy
3,000 SF 24% Leased Retail Building Mill Valley, CA 94941 $3,609,825 CAD ($1,203 CAD/SF)
Investment Highlights
- Heavy daytime traffic
- Handsome brick building
- 2nd floor has a full kitchen and bathroom - former architect's office
Executive Summary
This is an attractive 2,280+ square foot stand-along building with office/retail on the ground floor and office/residential on the 2nd floor. There is an additional 800+/- square feet of storage. The lot is 10,000 square feet with 5,000+/- square feet fenced in behind the building. The property is located in Tam Valley on Shoreline Hwy in the County of Marin bordering Mill Valley. It is less than 1 mile from downtown Mill Valley and from Hwy 101. Over 35,000 cars per day pass the property - headed to Mill Valley, Muir Woods and Stinson Beach. There are numerous retail and office tenants in the immediate area, including Walgreens, Good Earth Grocery and Proof Lab/Equater Coffee. The property is zoned CP (Planned Commercial).
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
3,000 SF
Building Class
C
Year Built
1950
Price
$3,609,825 CAD
Price Per SF
$1,203 CAD
Percent Leased
24%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.30
Lot Size
0.23 AC
Zoning
CP - Zoned CP (Planned Commercial)
Parking
11 Spaces (3.67 Spaces per 1,000 SF Leased)
Frontage
49 ft on Shoreline Hwy
Walk Score ®
Very Walkable (76)
Bike Score ®
Biker's Paradise (91)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 052-052-07 | Improvements Assessment | $653,094 CAD |
| Land Assessment | $1,306,188 CAD | Total Assessment | $1,959,282 CAD |
PROPERTY TAXES
Parcel Number
052-052-07
Land Assessment
$1,306,188 CAD
Improvements Assessment
$653,094 CAD
Total Assessment
$1,959,282 CAD
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234 Shoreline Hwy
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