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Garrick Yan

garrick@garrickyan.com +1(510) 999-8008

Listed by Steven M Crane Morley Fredericks Real Estate Services

$ 2,750,000

Est. payment -/mo

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Active

141 Camino Alto Mill Valley, CA 94941

5 Baths

5,280 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 5,280 sqft

Price per Sqft $520

MLS Listing ID 326085320

HOA Y/N No

Year Built 1964

Lot Size 0.400 Acres

Acres 0.4

Property Sub-Type Office

Property Description

Exceptional Mill Valley Medical/Dental Investment Opportunity! Ideally situated in one of Marin County's most desirable communities, 141 Camino Alto presents a rare opportunity to acquire a fully leased, five-tenant medical and dental office investment offering immediate income and long-term investment appeal. With an attractive 6.5 capitalization rate, this approximately 5,280-square-foot, two-story property occupies two parcels totaling 18,085 square feet. Originally constructed in 1964, the property has benefited from substantial improvements between 2024 and 2026, including modernization of all five tenant suites, three of which were recently renovated. The property features abundant parking with newly repaved, separate patient and staff parking areas, attractive landscaping, and a welcoming outdoor courtyard. Prominently positioned along Camino Alto, adjacent to Mill Valley Middle School and the Mill Valley Community Center, the property enjoys excellent street exposure, convenient accessibility, and proximity to established, affluent residential neighborhoods. The diverse medical, dental, and wellness tenancy provides an appealing investment profile in a highly sought-after Marin County location. A compelling opportunity to acquire a stabilized, income-producing commercial asset in a market where investment properties of this size and character are seldom available.

Location

State CA

County Marin

Area Mill Valley

Interior

Heating Natural Gas, MultiZone, MultiUnits

Cooling Roof Package Joint, Multi Units, Central Air

Fireplace No

Window Features Low Emissivity Windows,Double Pane Windows

Exterior

Roof Type Tar/Gravel,Flat

Building

Lot Description Sidewalk/Curb/Gutter, Sidewalk, Mid Block, Landscape Misc, Landscape Front, Landscaped, Auto Sprinkler F&R, Shopping Nearby, Near Public Transit, Neighborhood, Freeway Nearby, City Lot

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

New Construction Yes

Others

Tax ID 03006250

Acceptable Financing Cash

Listing Terms Cash

Nearby School & Business

Garrick Yan

Team Leader CA BRE #01916102

+1(510) 999-8008

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