Property Detail

301 Poplar St

Mill Valley CA 94941

$3,000,000

Status: Active

Property Details

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.

Map Location

Listing provided courtesy of Kevin Obrien of RE/MAX Accord. Last updated 2026-11-14 09:10:52.000000. Listing information © 2026 CRMLS.

The Lineup

The Lineup

admin Real estate https://static.royacdn.com/Site-02ef49e0-f0f4-404c-8ad8-e40f9a412cfb/inside_pages/about_img.jpg realtor https://static.royacdn.com/Site-02ef49e0-f0f4-404c-8ad8-e40f9a412cfb/inside_pages/about_img.jpg