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Investment Highlights
- Mid century office building constructed in 1955.
- Highly desirable Mill Valley location steps from downtown amenities.
- RM P zoning allowing potential multifamily residential conversion.
- Unique opportunity for continued office use or strategic redevelopment
Executive Summary
Introducing a prime redevelopment opportunity at 295 Miller Ave, Mill Valley, CA. This 2,480± SF mid-century office building, constructed in 1955 as a medical/dental office building, boasts a sought-after RM-P zoning which allows conversion to multifamily residential. Nestled in the desirable Mill Valley area, this property presents an opportunity to continue the non-conforming office use or redevelopment to units. With its timeless charm and impressive potential, this property epitomizes the allure of a strategic Mill Valley real estate investment.
Nestled in the picturesque town of Mill Valley, the location of this property offers a charming and vibrant environment for businesses or conversion to residential. Just steps away from the downtown area, professionals can enjoy a variety of trendy restaurants, quaint cafes, and boutique shops. The property's proximity to iconic outdoor attractions like Muir Woods and Mount Tamalpais provides opportunities for rejuvenating lunchtime hikes and team-building excursions. With its rich cultural scene and community events, Mill Valley fosters a thriving work-life balance, making it an ideal setting for any modern office or office building.
Nestled in the picturesque town of Mill Valley, the location of this property offers a charming and vibrant environment for businesses or conversion to residential. Just steps away from the downtown area, professionals can enjoy a variety of trendy restaurants, quaint cafes, and boutique shops. The property's proximity to iconic outdoor attractions like Muir Woods and Mount Tamalpais provides opportunities for rejuvenating lunchtime hikes and team-building excursions. With its rich cultural scene and community events, Mill Valley fosters a thriving work-life balance, making it an ideal setting for any modern office or office building.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
2,480 SF
Building Class
C
Year Built
1955
Price
$1,350,000
Price Per SF
$544.35
Percent Leased
30%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,480 SF
Building FAR
0.36
Lot Size
0.16 AC
Zoning
RM-P
Parking
3 Spaces (1.21 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (87)
Property Taxes
| Parcel Number | 028-222-30 | Improvements Assessment | $244,260 |
| Land Assessment | $266,466 | Total Assessment | $510,726 |
Property Taxes
Parcel Number
028-222-30
Land Assessment
$266,466
Improvements Assessment
$244,260
Total Assessment
$510,726
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295 Miller Ave
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