150 Shoreline Hwy, Mill Valley, CA

$3,500,000

Previous Next

15,148

Square feet

0.86

Acres

About 150 Shoreline Hwy

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 ...

Features of 150 Shoreline Hwy

MLS® # 41127842
Price $3,500,000
Square Footage 15,148
Acres 0.86
Year Built 1971
Type COMM RI MULTI-UNITS 5+
Sub-Type Garden Apts
Status Active

Community Information

Address 150 Shoreline Hwy
Subdivision Not Listed
City Mill Valley
County Marin
State CA
Zip Code 94941

Amenities

Parking Parking Lot, Uncovered Park Spaces 2+
Is Waterfront No
Waterfront Waterfront
Has Pool No

Interior

Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No

Exterior

Exterior Features Greenbelt
Lot Description Level, Premium Lot
Roof Shingle
Construction Wood Siding

Additional Information

Date Listed March 19th, 2026
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentKevin Obrien
OfficeRE/MAX Accord

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?