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Prime Retail & Office Investment Opportunity

$2,200,000

30 Miller Avenue, Mill Valley, CA 94941

Active
Last Updated: 09/19/2025

4.4

Cap Rate

96,311

NOI

Details:
Cap Rate:    4.4%
NOI:    $96,311
Building Size:    3,431 sqft
Lot Area:    3,250 sqft
Year Built:    1928
Price Per Sqft:    $641
Price Per Unit:    $440,000
Highlights:
  • Prime Downtown Mill Valley Location
  • Fully Leased Retail + Four Office Suites
  • Extremely Well Maintained, Turnkey Property
  • High Demand/Successful Track Record of Tenancy
  • Recent Upgrades: New HVAC, Paint, Awnings, Water Heater
Description:

PROPERTY DESCRIPTION
30 Miller Avenue presents a premier retail & office investment opportunity in the heart of downtown Mill Valley. This 3,431 SF, single-story building offers a fully leased retail suite-currently home to a successful clothing boutique-along with four individual office suites at the rear. The property benefits from strong tenant demand, consistent foot traffic, and the stability of one of Marin County's most affluent and desirable communities.

In addition to its prime location, 30 Miller has been meticulously maintained with a series of recent capital improvements, including new HVAC systems, updated façade and retail paint, fresh awnings, water heater replacement, skylight film upgrades, and roof treatment. Rooftop solar panels, installed in 2014, further reduce operating costs and support long-term efficiency.

This is a true pride-of-ownership asset combining stability, charm, and excellent in-place income with future upside.

LOCATION DESCRIPTION
30 Miller Avenue is located in the heart of downtown Mill Valley, directly on the town's central square. Surrounded by boutique shops, cafes, and restaurants, the property enjoys steady pedestrian traffic and strong visibility. Mill Valley is one of Marin County's most affluent and desirable communities, known for its natural beauty, vibrant downtown, and proximity to San Francisco, just 10 miles away. The property's location offers unmatched convenience and long-term tenant appeal.

Map:
Documents:
Title
Offering Memorandum
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Location
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