301 Poplar St, Mill Valley, CA 94941
- $3,000,000
- 5,869
- SqFt
Listed by Kevin Obrien, (925) 595-0422 from RE/MAX Accord
(If provided) CoList: from
- List Price
- $3,000,000
- MLS#
- BE41145498
- Status
- ACTIVE
- Sqft. of Residence
- 5,869
- Lot Size
- 6,650
- Listing Area
- Other Area
Property Description
MILL VALLEY . For-Sale ... Mixed-Use Building . Quaint, Tudor-Style Building with wonderful curb-appeal and good rent history - 6-miles to Muir Beach and less than a mile to Tam Junction. First time on the market since 1984 - this has been a terrific, family-managed rental property for the sellers and now it is time to pass it on to a new generation of owners. Excellent condition - well-maintained with lots of recent improvements, including sound-limiting between units. Upstairs you will find 5 apartments (two with 2-bedrooms and three with 1-bedroom). Downstairs are three spaces for retail / office / commercial (zoned General Commercial / Mixed Use). Next door to the Fire Station with good parking for Tenants and some visibility to Hwy-1 / Shoreline Hwy. Proforma Cap-Rates of 5.6% with current Tenants, or 7% Cap-Rates from HUD programs. Rent Roll and 3-Years of Financials are available - see Disclosure Package.
Additional Information
- Acres
- 0.15
- Amenities
- None
- Exterior Features
- Stucco, Siding - Wood
- Floor Covering
- Carpet - Partial, Tile, Vinyl, Wood
- Garage Parking
- Spaces per Unit - 1, Off-Street Parking, Parking Area
- Heating System
- Forced Air
- Laundry Facilities
- Washer, Dryer
- Living Area
- 5,869
- Lot Description
- Grade - Level
- Lot Size
- 6,650
- Neighborhood
- Other Area
- Numberof Units
- 8
- Unincorporated Yn
- Yes
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