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5,869 sqft

$3,000,000

301 Poplar St, Mill Valley CA, 94941

Price per sqft$511.16
Built in1961
Property size5,869 sqft
Property typeResidential

Overview

Active

Listed Aug 19, 2026

Updated 3 weeks ago

MILL VALLEY … For-Sale ... Mixed-Use Building … Quaint, Tudor-Style Building with wonderful curb-appeal and good rent history – 6-miles to Muir Beach and less than a mile to Tam Junction. First time on the market since 1984 – this has been a terrific, family-managed rental property for the sellers and now it is time to pass it on to a new generation of owners. Excellent condition – well-maintained with lots of recent improvements, including sound-limiting between units. Upstairs you will find 5 apartments (two with 2-bedrooms and three with 1-bedroom). Downstairs are three spaces for retail / office / commercial (zoned General Commercial / Mixed Use). Next door to the Fire Station with good parking for Tenants and some visibility to Hwy-1 / Shoreline Hwy. Proforma Cap-Rates of 5.6% with current Tenants, or 7% Cap-Rates from HUD programs. Rent Roll and 3-Years of Financials are available - see Disclosure Package.

$19,959/mo

Est. mortgage payment based on a $3,000,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
41145498

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.15 Acres
MLS provider logo

Listed by Kevin Obrien, with RE/MAX Accord
Listing Contact: 925-595-0422 

Bay East  ©2026 CCAR  ©2026. bridgeMLS  ©2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 4:32 AM UTC, 9/10/2026.

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