• Broker Vesa Becam 4154611010 x 114
  • Broker Jeffrey Wilmore 7075281400 x 252
  • Broker Matthew Storms 4154611010 x 123

Retail/Office/Residential For Sale 2-6 Miller Ave 12,612 SF 100% Leased Retail Building Mill Valley, CA 94941 For Sale

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INVESTMENT HIGHLIGHTS

  • High Identity Retail/Office or Residential
  • Abundant Parking Near By
  • Available for Owner-User or Investor

EXECUTIVE SUMMARY

Keegan & Coppin is pleased to offer the opportunity to acquire one of Mill Valley's most recognized properties. Located on Mill Valley’s most prestigious intersection, the corner of Miller and Throckmorton, the epicenter of Downtown Mill Valley on the main plaza. This multi-tenant property is surrounded by many good restaurants, art galleries, cafes, and boutique shopping stores, Mill Valley is one of the most affluent cities in the Bay Area. Constructed in the early 1900’s, the property has been remodeled several times in the 1970's and 1980's.
The property has been leased to retail tenants for decades and is available for purchase for the first time in forty years. Three leased retail spaces on the street level including Equator Coffee. The 2nd floor space could be an office, medical or a residential apartment, with an abundance of natural light, a central skylight and hard wood floors, the 2nd floor has large windows with views of the plaza from two sides.
• 10,500+/- sq. ft. (approx.)
• High identity retail/office or residential
• Available for owner-user or investor
• Abundant parking near by

ATTACHMENTS

2 Miller for Sale

FINANCIAL SUMMARY (PRO FORMA - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income $393,618 $31.21
Other Income $37,500 $2.97
Vacancy Loss - -
Effective Gross Income $431,118 $34.18
Taxes - -
Operating Expenses - -
Total Expenses $95,601 $7.58
Net Operating Income $335,517 $26.60

FINANCIAL SUMMARY (PRO FORMA - 2024)

Gross Rental Income
Annual $393,618
Annual Per SF $31.21
Other Income
Annual $37,500
Annual Per SF $2.97
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $431,118
Annual Per SF $34.18
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $95,601
Annual Per SF $7.58
Net Operating Income
Annual $335,517
Annual Per SF $26.60

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
  • Storefront Retail/Office
  • General Retail Restaurant
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Storefront Retail/Office
Building Size
12,612 SF
Building Class
C
Year Built
1937
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
3.60
Lot Size
0.08 AC
Zoning
CD - Downtown Commercial
Frontage
51’ on Miller Ave

TRAFFIC

COLLECTION STREET CROSS STREET TRAFFIC VOLUME YEAR Distance
W Blithedale Ave Gardner St, NW 3,741 2025 0.15 mi
W Blithedale Ave Bigelow Ave, NW 3,741 2025 0.30 mi
Cascade Dr Molino Ave, SE 507 2025 0.33 mi
Edgewood Ave Upper Wildomar St, NW 4,105 2025 0.37 mi
E Blithedale Ave Sycamore Ave, SE 13,679 2025 0.40 mi
Edgewood Ave Cedarwood Ln, W 3,818 2025 0.41 mi
W Blithedale Ave Cottage Ave, NW 1,920 2025 0.52 mi
Miller Ave PkAve, NW 13,525 2025 0.53 mi
Buena Vista Ave Manor Dr, SW 1,510 2025 0.61 mi
W Blithedale Ave Corte Madera Ave, NW 1,152 2025 0.77 mi
Walk Score®
Walker's Paradise (93)

NEARBY MAJOR RETAILERS

Peet's Coffee
Citi
U.S. Bank
Westamerica Bank
Bank of Marin
Whole Foods
Safeway
Starbucks

PROPERTY TAXES

Parcel Number 028-061-08 Improvements Assessment $2,629,875
Land Assessment $571,301 Total Assessment $3,201,176

PROPERTY TAXES

Parcel Number
028-061-08
Land Assessment
$571,301
Improvements Assessment
$2,629,875
Total Assessment
$3,201,176

MAP

ADDITIONAL PHOTOS

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  • Listing ID: 28643649

  • Date on Market: 6/2/2023

  • Last Updated: 7/3/2025

  • Address: 2-6 Miller Ave, Mill Valley, CA 94941