7-11 Locust Ave
Mill Valley, CA 94941
PRICE REDUCED: $1,975,000 · Retail Property For Sale

Market Cap: 5.27% Market GRM: 13.49 Charming vintage 1937 four-plex located close to Downtown Mill Valley. Great opportunity to own an approx. 4,500 SF mixed-use building comprised of two large 1-bedroom, 1-bathroom apartments and two retail spaces. Each apartment has arched doorways, beautiful tiled bathrooms, crown molding and a skylight. One unit has been remodeled. Both flats are located on the top floor and have a shared deck with views of Mt. Tam! The two retail spaces are both interior design/retail stores and are located on the ground floor. The exterior of the building was recently painted and new awnings have just been added to the retail units. Two-car parking is also included. The property provides easy access to transportation, shops and restaurants. With downtown Mill Valley less than ¾ of a mile away, this is a coveted location with lots of biking and hiking options as well as great schools. First time on the market in many years! Mill Valley is one of the most desirable places to live in the San Francisco Bay Area. The cities close proximity to San Francisco makes it a convenient location for commuters. There are also many small businesses and start-ups in Mill Valley. Its top-notch public schools, consistently rated as some of the best in the state, are a big draw for families. Its abundant access to outdoor recreation, locally grown foods and wellness practitioners helps residents lead healthy, vibrant lives.