2-6 Miller Ave | Mill Valley, CA 94941
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2-6 Miller Ave
Mill Valley, CA 94941
Retail/Office/Residential For Sale · Retail Property For Sale
Investment Highlights
- High Identity Retail/Office or Residential
- Abundant Parking Near By
- Available for Owner-User or Investor
Executive Summary
Keegan & Coppin is pleased to offer the opportunity to acquire one of Mill Valley's most recognized properties. Located on Mill Valley’s most prestigious intersection, the corner of Miller and Throckmorton, the epicenter of Downtown Mill Valley on the main plaza. This multi tenant property is surrounded by many good restaurants, art galleries, cafes, and boutique shopping stores, Mill Valley is one of the most affluent cities in the Bay Area. Constructed in the early 1900’s, the property has been remodeled several times in the 1970's and 1980's. The property has been leased to retail tenants for decades and is available for purchase for the first time in forty years. Three leased retail spaces on the street level including Equator Coffee. The 2nd floor space could be an office, medical or a residential apartment, with an abundance of natural light, a central skylight and hard wood floors, the 2nd floor has large windows with views of the plaza from two sides.
• High identity retail/office or residential
• Available for owner-user or investor
• Abundant parking near by
• High identity retail/office or residential
• Available for owner-user or investor
• Abundant parking near by
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,500 SF
Building Class
C
Year Built
1937
Price
$6,000,000
Price Per SF
$571
Cap Rate
5.60%
NOI
$336,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
3.00
Lot Size
0.08 AC
Zoning
CD - Downtown Commercial
Frontage
51 FT on Miller Ave
PROPERTY TAXES
Parcel Number | 028-061-08 | Improvements Assessment | $2,578,314 |
Land Assessment | $560,100 | Total Assessment | $3,138,414 |
PROPERTY TAXES
Parcel Number
028-061-08
Land Assessment
$560,100
Improvements Assessment
$2,578,314
Total Assessment
$3,138,414
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