Listed by Kidder Mathews
Unpriced
170-176 Blithesdale Avenue
Details
APN 028-024-05
Property Type Retail, Office
Sub Type Storefront, Creative Office
Square Footage 2,746
Units 12
Occupancy 50%
Tenancy Multi
Lease Type Gross
Year Built 1902
Acreage 0.150
Zoning C-L
Parking Spaces 12 spaces
Parking per 1,000 SqFt 4.37
Ground Lease No
Rarely Available 4-Unit Retail Property For Sale in the Heart of Mill Valley
Marketing description
- 170-176 Blithedale Ave + 21 Grove St, Mill Valley, CA 94941
- Rarely Available 4-Unit Retail Property For Sale in the Heart of Mill Valley
- Size: ±2,746 RSF (4 units)
- Land: ±6,534 SF (±0.15 AC)
- Asking Price: $2,100,000
- Occupancy: 50%
- Zoning: C-L (Limited Commercial)
- Year Built: 1902
- Current Tenants:
- Suite 170 (±687 SF): Salon, month-to-month, $2,300/mo (includes $150 utilities)
- Suite 174 (±580 SF): Insurance agency, few months remaining, ~$2,300/mo (includes $150 utilities)*
- Suite 176 (±662 SF): Owner-occupied, delivered vacant at close
- 21 Grove St (±817 SF): Owner-occupied, delivered vacant at close
- *Lease documents pending. Terms approximate.
- Additional Details:
- Corner location at Blithedale Ave and Grove St
- 12-space private parking lot
- Two units delivered vacant at close of escrow
- Significant owner upgrades to Suites 176 and 21 Grove (new flooring, finishes, washer/dryer, shower, kitchenette)
- Vertical development potential up to 35 feet (buyer to verify)
- C-L zoning permits retail, office, live-work (CUP), and mixed-use (Buyer to verify)
Investment highlights
- 170-176 Blithedale Ave + 21 Grove St, Mill Valley, CA 94941
- Rarely Available 4-Unit Retail Property For Sale in the Heart of Mill Valley
- Size: ±2,746 RSF (4 units)
- Land: ±6,534 SF (±0.15 AC)
- Asking Price: $2,100,000
- Occupancy: 50%
- Zoning: C-L (Limited Commercial)
- Year Built: 1902
- Current Tenants:
- Suite 170 (±687 SF): Salon, month-to-month, $2,300/mo (includes $150 utilities)
- Suite 174 (±580 SF): Insurance agency, few months remaining, ~$2,300/mo (includes $150 utilities)*
- Suite 176 (±662 SF): Owner-occupied, delivered vacant at close
- 21 Grove St (±817 SF): Owner-occupied, delivered vacant at close
- *Lease documents pending. Terms approximate.
- Additional Details:
- Corner location at Blithedale Ave and Grove St
- 12-space private parking lot
- Two units delivered vacant at close of escrow
- Significant owner upgrades to Suites 176 and 21 Grove (new flooring, finishes, washer/dryer, shower, kitchenette)
- Vertical development potential up to 35 feet (buyer to verify)
- C-L zoning permits retail, office, live-work (CUP), and mixed-use (Buyer to verify)
Listing Contacts
Listed by Kidder Mathews
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