7 Locust AveMill Valley, CA 94941

Property Details for 7 Locust Ave

Year built

1937

Lot size

0.10 AC

Property size (Sq ft)

4,446 SF

Property type

Other commercial real estate

APN

028-211-04

APU

2821104

Description

This charming, 1,700 square foot ground floor commercial space is located in the Gardner Building at 7 Locust Avenue, Mill Valley, CA. Part of a four-unit mixed-use property, this single-tenant unit boasts exceptional visibility on Locust Avenue, just steps from Miller Avenue. The space features a large picture window, perfect for retail or office use. Originally built in 1937 and renovated in 2017, the building offers a newly resurfaced stucco exterior. Inside, you'll find high ceilings, hardwood floors, a private bathroom, and a kitchenette. The layout is flexible, with three separate areas allowing for diverse configurations. The property includes one parking space and convenient access to freeways. The space is approximately 1,700 square feet out of a 4,700 square foot building on two stories. The zoning is CN. The Marin County property (APN 028-211-04) is conveniently located near shops, restaurants, and downtown Mill Valley (less than half a mile away), making it ideal for walking and biking. The lease includes a first two months free rent incentive, with a monthly rent of $4,675.00 and approximately 3% annual rent increases. The lease term is for 4-5 years, and utilities are paid by the lessee. The property is available in 2025.

• Alternative Use

  Use

  Valuation

  Residential

  $1,396,156

  Hospitality

  $1,278,872

  Educational

  $1,064,006

  Medical

  $1,100,599

  Retail

  $1,655,121

Location Insight

City

Mill Valley

County

Marin

State

California

Latitude

37.8987

Longitude

-122.538

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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