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27101021
27101020

30 Miller Ave, Mill Valley, CA 94941

MJ
CA 01370461
Engel & Volkers Commercial - Pacific West Advisory Group
Listed by Engel & Volkers Commercial - Pacific West Advisory Group
$2,050,000
297 days on market
Updated 160 days ago

30 Miller Avenue

Details
APN 028-061-13
Property Type Retail, Office
Sub Type Executive Office, Commercial
Square Footage 3,431
Units 5
Cap Rate 4.40%
NOI $96,311
Occupancy 100%
Tenancy Multi
Lease Type Gross
Remaining Term 4
Pro-Forma Cap Rate 5.20%
Pro-Forma NOI $114,004
Price per SqFt $641
Year Built 1928
Stories 2
Lot Size (SqFt) 3,250
Zoning Neighborhood Commercial

Retail | 4.40% CAP | 3,431 SqFt

Marketing description

30 miller avenue presents a premier retail & office investment opportunity in the heart of downtown mill valley. This 3,431 sf, single-story building offers a fully leased retail suite-currently home to a successful clothing boutique-along with four individual office suites at the rear. The property benefits from strong tenant demand, consistent foot traffic, and the stability of one of marin county's most affluent and desirable communities.

In addition to its prime location, 30 miller has been meticulously maintained with a series of recent capital improvements, including new hvac systems, updated façade and retail paint, fresh awnings, water heater replacement, skylight film upgrades, and roof treatment. Rooftop solar panels, installed in 2014, further reduce operating costs and support long-term efficiency.

This is a true pride-of-ownership asset combining stability, charm, and excellent in-place income with future upside.

30 miller avenue is located in the heart of downtown mill valley, directly on the town's central square, surrounded by boutique shops, cafes, and restaurants, the property enjoys steady pedestrian traffic and strong visibility. Mill valley is one of marin county's most affluent and desirable communities, known for its natural beauty, vibrant downtown, and proximity to san francisco, just 10 miles away. The property's location offers unmatched convenience and long-term tenant appeal.

Investment highlights

  • Prime Downtown Mill Valley Location
  • Fully Leased Retail + Four Office Suites
  • Extremely Well Maintained, Turnkey Property
  • High Demand/Successful Track Record of Tenancy
  • Recent Upgrades: New HVAC, Paint, Awnings, Water Heater
  • Cross Street : Throckmorton Ave
  • Electrical Type : 200 amp

Listing Contacts

MJ
CA 01370461
Engel & Volkers Commercial - Pacific West Advisory Group
Listed by Engel & Volkers Commercial - Pacific West Advisory Group

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$96,311.00
$8,025.92/mo

Valuation Metrics

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DSCR
4.7%
Cap Rate
4.7%
ROI

Map

Zoning

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C-D CommercialCore CommercialDowntown Commercial
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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