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Listed by Kevin Obrien • RE/MAX Accord • 925-283-9200
$ 3,000,000
Est. payment /mo
Active
301 Poplar St Mill Valley, CA 94941
5,869 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 5,869 sqft
Price per Sqft $511
Subdivision Not Listed
MLS Listing ID 41145498
HOA Y/N No
Year Built 1961
Lot Size 6,650 Sqft
Property Sub-Type OTHER
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.
Location
State CA
County Marin
Interior
Heating Forced Air
Cooling See Remarks
Flooring Partial Carpeting, Tile, Vinyl, Wood
Fireplace No
Appliance Dryer, Washer
Laundry Dryer, Washer
Building
Lot Description Level
Water Public
Others
Special Listing Condition Standard
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