301 Poplar St, Mill Valley, CA 94941

$3,000,000
5,869
SqFt
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List Price
$3,000,000
Status
ACTIVE
MLS#
41145498
Days on Market
23
Property Type
OTHER
Living Area
5,869
Lot Size
6,650
Lot Description
Level
Subdivision
Not Listed
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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.

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Additional Information

Year Built
1961
Acres
0.15
Flooring
Partial Carpeting, Tile, Vinyl, Wood
Exterior
Stucco, Wood Siding
Garage Description
Carport - 2 Or More, Off Street, Parking Lot, Space Per Unit - 1
Basement
None
Cooling
See Remarks
Heating
Forced Air
Parking Description
Carport - 2 Or More, Off Street, Parking Lot, Space Per Unit - 1
Yard Description
No Yard
Laundry Features
Dryer, Washer
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Calculator source: Real Geeks

Listing courtesy of Kevin Obrien from Re/Max Accord

© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. Date and time last updated: Website provided by: Real Geeks LLC