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Additional details
Listed by Kevin Obrien, DRE #01385083 • RE/MAX Accord
$3,000,000
Est. payment /mo
5,869 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiple Dwellings / Structures
Listing Status Active
Purchase Type For Sale
Square Footage 5,869 sqft
Price per Sqft $511
MLS Listing ID BE41145498
Year Built 1961
Lot Size 6,650 Sqft
Property Sub-Type Multiple Dwellings / Structures
Source Bay East
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. Offers reviewed on Wednesday, August 26th at 3pm.
Location
State CA
County Marin
Area Other Area
Interior
Heating Forced Air
Flooring Carpet - Partial, Tile, Vinyl, Wood
Laundry Washer, Dryer
Exterior
Exterior Feature Stucco, Siding - Wood
Parking Features Spaces per Unit - 1, Off-Street Parking, Parking Area
Garage Spaces 15.0
Building
Lot Description Grade - Level
Others
Tax ID 050-252-26
Special Listing Condition New, Not Applicable
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