Rare Downtown Mill Valley Mixed-Use Asset

Highlights:

• Rare Downtown Mill Valley mixed-use asset
• 12 Units-6 Apartments + 6 Retail/Office
• 3 Buildings totaling approx. 5,760 SF
• Strong mix of small business & residential tenants
• Long history of stable occupancy
• Significant immediate income upside
• Apartments with wood floors, laundry, decks
• Quiet, private residential setting with views
• Retail spaces with high street frontage

Description:

PROPERTY DESCRIPTION
158-160 E. Blithedale Avenue is an extremely rare mixed-use opportunity in downtown Mill Valley. The property consists of 12 total units-six apartments and six office/retail suites-across three buildings totaling approximately 5,760 SF.

With a long history of stable tenancy and a strong mix of residential and commercial uses, this asset combines steady in-place income with significant upside potential through rent growth and modernization. Apartments are tucked away off the street for privacy, while retail and office spaces enjoy excellent street visibility on a high-traffic corridor.

The property has been well-maintained with updates to units, dual-pane windows, and modern features. Amenities include covered parking, private decks, in-unit laundry in select apartments, and a communal pergola-shaded picnic area that creates a sense of community. Some units enjoy views of the redwoods and surrounding hillsides.

This is a rare chance to own a private-feeling income property in the heart of Mill Valley, combining lifestyle appeal with investment fundamentals.

LOCATION DESCRIPTION
Situated in the charming town of Mill Valley, CA, the area surrounding the property offers a desirable blend of scenic beauty and urban convenience. With breathtaking views of Mount Tamalpais and easy access to the Golden Gate National Recreation Area, this idyllic setting presents an attractive opportunity for investors. The property is just a stone's throw from the vibrant downtown district, boasting an array of trendy boutiques, eateries, and cultural attractions. Residents can also enjoy the proximity to renowned schools, parks, and hiking trails, creating an enticing living experience that seamlessly balances a tranquil environment with access to urban amenities.

Documents: