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30 Miller Ave 3,431 SF 100% Leased Retail Building Mill Valley, CA 94941 $2,861,636 CAD ($834.05 CAD/SF) 4.80% Cap Rate



EXECUTIVE SUMMARY
Price Reduced! 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 suitecurrently home to a successful clothing boutiquealong 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 faade 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.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,431 SF
Building Class
C
Year Built
1928
Price
$2,861,636 CAD
Price Per SF
$834.05 CAD
Cap Rate
4.80%
NOI
$137,359 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.13
Lot Size
0.07 AC
Zoning
C-D - Downtown Commercial
Frontage
33’ on Miller Ave
Walk Score®
Walker's Paradise (90)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 028-061-13 | Improvements Assessment | $1,348,508 CAD |
| Land Assessment | $2,022,762 CAD | Total Assessment | $3,371,269 CAD |
PROPERTY TAXES
Parcel Number
028-061-13
Land Assessment
$2,022,762 CAD
Improvements Assessment
$1,348,508 CAD
Total Assessment
$3,371,269 CAD
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30 Miller Ave
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