Opportunity Knocks!! Priced WAY, WAY, WAY below replacement cost

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Lot For Sale

150 Shoreline Hwy

Mill Valley, California 94941

Marin County

Waterfront: Yes

Community: Not Listed

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$3,750,000 0.860 acres

Opportunity Knocks!! Priced WAY, WAY, WAY below replacement cost - we are talking $250 per square foot!! This property is being sold by the original owner who is retiring after owning this property for over 55-years. This property includes THREE buildings - each is about 5,000 square feet = 15,000 square feet total ... The buildings were originally designed as apartments (each unit had its own bathroom), but have been used as office space for over 5 decades ... Most of the 24 bathrooms are still in placees with 50 PARKING SPACES ... The zoning allows for RETAIL, FOOD, OFFICES - OR - AFFORDABLE HOUSING ... this location is UNBELIEVABLY COOL - on the WATERFRONT - spectacular VIEWS and direct access to the Sausalito Trail ... the NEW building next door (156 Shoreline Highway) is setting the precedent for what might be possible to develop here ... DEVELOPERS - run the numbers! NON-PROFITS - buy this place and make a highly-visible HOME for your programs ... 1031-EXCHANGE buyers - park some cash here - the Tenants are on month-to-month leases and would love to stay, giving you cash-flow while you are working on your plans ... Put a STARBUCKS here - this would be an awesome spot for one ...

  • Lot Size: 0.860 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: 
  • MLS #: 41127842
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Contact Information:
Beach Lot For Sale in Mill Valley, California
Listing Agent: Kevin Obrien, RE/MAX Accord, 925-595-0422, 925-283-9200 Listing Site, Listing Status: Active
Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7496741
Viewed 5 times.
Updated: Mar 27, 2026

This property is a Lot located at 150 Shoreline Hwy, Mill Valley, California 94941, and is currently For Sale at $3,750,000.