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125-131 Camino Alto
Mill Valley, CA 94941
The Wellness Center at Camino Alto · Office Property For Sale
Investment Highlights
- ROI / CURRENT - Great Cash Flow with current Tenants offering $251,350 NOI
- MV HOUSING ELEMENT - Provides flexibility to housing in future development(up to 40 units/acre) while allowing for continued use of existing buildings
- MILL VALLEY MIDDLE SCHOOL /RENOVATION TOPIC - Trophy Location across from school allows for expansion w combined Campus Like Setting and Ample Parking
- INVESTMENT OPPORTUNITY - Rezoned to CN(Neighborhood Commercial) with Housing Conversion Overlay. Ideal for LIVE/WORK Opportunity
- DEVELOPMENT OPPORTUNITY - Recently APPROVED through Mill Valley for FULL RESIDENTIAL CONVERSION w possibility of up to 23 individual affordable condos
- LOCATION! LOCATION! LOCATION!
Property Facts
Property Type
Office
Building Size
10,670 SF
Building Class
B
Year Built/Renovated
1949/2018
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,335 SF
Building FAR
0.52
Lot Size
0.47 AC
Zoning
C-L+ConversionHouseOverla - C-L (Limited Commercial) Plus Office Housing Conversion Overlay - City of Mill Valley
Parking
28 Spaces (2.62 Spaces per 1,000 SF Leased)
Amenities
- Courtyard
- Storage Space
- Natural Light
- Hardwood Floors
- Balcony
Property Taxes
| Parcel Number | 030-062-49 | Improvements Assessment | $2,040,000 |
| Land Assessment | $2,040,000 | Total Assessment | $4,080,000 |
Property Taxes
Parcel Number
030-062-49
Land Assessment
$2,040,000
Improvements Assessment
$2,040,000
Total Assessment
$4,080,000
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