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$3,750,000 Just Listed
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Property Description
Opportunity Knocks!! Priced WAY, WAY, WAY below replacement cost - we are talking $250 per square foot!! This property is being sold by the original owner who is retiring after owning this property for over 55-years. This property includes THREE buildings - each is about 5,000 square feet = 15,000 square feet total ... The buildings were originally designed as apartments (each unit had its own bathroom), but have been used as office space for over 5 decades ... Most of the 24 bathrooms are still in place. Comes with 50 PARKING SPACES ... The zoning allows for RETAIL, FOOD, OFFICES - OR - AFFORDABLE HOUSING ... this location is UNBELIEVABLY COOL - on the WATERFRONT - spectacular VIEWS and direct access to the Sausalito Trail ... the NEW building next door (156 Shoreline Highway) is setting the precedent for what might be possible to develop here ... DEVELOPERS - run the numbers! NON-PROFITS - buy this place and make a highly-visible HOME for your programs ... 1031-EXCHANGE buyers - park some cash here - the Tenants are on month-to-month leases and would love to stay, giving you cash-flow while you are working on your plans ... Put a STARBUCKS here - this would be an awesome spot for one ...
Full Property Details
Full Property Details for 150 Shoreline Hwy
General
- Price: $3,750,000
- Status: Active
- Type: Commercial Residential Facility
- Source: MAX
- MLS ID: 41127842
- Updated: 3/21/2026
- Added to Site: 3 day(s) ago
Interior
- Flooring: Carpet
Exterior
- Exterior Features: Greenbelt
Parking
- Parking Features: Parking Lot, Uncovered Park Spaces 2+
Location
- Area: Listing
- County: Marin
- Subdivision: Not Listed
- Driving Directions: Hwy-101 at Hwy-1, Mill Valley
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
Structural Information
- Exterior Const.: Wood Siding
- Roof: Composition Shingles
- Year Built: 1971
Lot Features
- Lot Size (Acres): 0.86
- Lot Dimensions: 37501
- Lot Features: Level, Premium Lot
Water Features
- Water Front: Yes
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $248
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Property ID: 5237104
Listed by Re/Max Accord, Kevin Obrien
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Price & Sales History for 150 Shoreline Hwy
Date
Details
Price
Change
Source
3/19/2026
Listed
$3,750,000
127.27%
MLS
6/26/2023
Sold
$1,650,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 150 Shoreline Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$23,719
7%
$1,632,000
2%
2024
$22,096
-27%
$1,600,000
-31%
2023
$30,153
-3%
$2,316,233
2%
2022
$31,218
3%
$2,270,824
2%
2021
$30,436
9%
$2,226,314
1%
2020
$28,030
4%
$2,203,500
2%
2019
$26,994
5%
$2,160,293
2%
2018
$25,636
2%
$2,117,935
2%
2017
$25,045
4%
$2,076,408
2%
2016
$24,168
-8%
$2,035,695
2%
2015
$26,401
13%
$2,005,116
2%
2014
$23,392
1%
$1,965,843
—
2013
$23,134
—
$1,956,961
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 150 Shoreline Hwy
150 Shoreline Hwy, Mill Valley, CA 94941 (MLS# 41127842) is a Commercial Residential Facility property. 150 Shoreline Hwy is currently listed for $3,750,000 and was received on March 19, 2026. Want to learn more about 150 Shoreline Hwy? Do you have questions about finding other Commercial Residential Facility real estate for sale in Mill Valley? You can browse all Mill Valley real estate or contact a Coldwell Banker agent to request more information.

