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Former Grocery w/ Redevelopment Potential 560 Magnolia Ave 26,344 SF Retail Building Larkspur, CA 94939 For Sale

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Investment Highlights

  • ±26,344 sf former grocery store on 2.16 acres
  • Located in Larkspur’s vibrant downtown historic district on Magnolia Ave
  • Adjacent to Lark Theater and the new Larkspur Library
  • Price: Best offer - Reach out to Brokers
  • 12 miles north of San Francisco
  • Affluent community with strong demographics

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Supermarket
Building Size
26,344 SF
Building Class
C
Year Built
1972
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
2.16 AC
Zoning
SD
Parking
190 Spaces (7.21 Spaces per 1,000 SF Leased)
Frontage
299’ on Doherty Dr

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • -

Lucky was originally founded in San Leandro, California in 1935. The Lucky brand changed ownership many times over the years but in 2007 The Save Mart Companies acquired the Northern California division of Albertsons and converted the stores back to Lucky. There are now sixty-nine stores employing close to five thousand people in and around the San Francisco Bay and in 2015 the exciting new brand ‘Lucky California’ was born. Lucky California is a fresh take on the traditional grocery store. It offers a fusion of Bay Area culture, California-sourced foods and a variety of meal solutions – all at competitive prices. Lucky California brings people together around a shared love of food. They employ friendly people who understand your unique food needs and who are passionate about the diverse flavors that Californians love. They are not a specialty store.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - -
Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Bank of Montreal
CrossFit
Orangetheory Fitness
Club Pilates
Stretch Lab
Bay Club
Mollie Stone's Markets
Wells Fargo Bank
Bank of America
Starbucks

Property Taxes

Property Taxes

Parcel Number
022-110-47
Land Assessment
$17,908,692 CAD
Improvements Assessment
$873,793 CAD
Total Assessment
$18,782,486 CAD
  • Listing ID: 37007665

  • Date on Market: 2025-07-29

  • Last Updated:

  • Address: 560 Magnolia Ave, Larkspur, CA 94939

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