Under Contract

125-131 Camino Alto

Mill Valley CA, 94941

$4,988,000


$467.48 per sqft

Under Contract

10,670 sqft

Commercial

Built in 1964

A well established and institutionally maintained Premier Wellness and Healing Arts Center located in the charming city of Mill Valley and noted within one of the strongest demographic areas in the country. Consisting of 2 separate buildings with combined 10,670 rsf, atop a 1/2 acre lot. The anchor tenant Camino Alto Veterinary Hospital and has been a mainstay for 20+ years benefiting from its trophy location. The balance of the property is accommodating to an array of additional wellness practitioners and business professionals within a peaceful sense of community. The individual office suites have been tastefully upgraded as the community continues to improve through a grand revisioning process evolving into a premier wellness center. Complete with hrdwd flrng, designer carpeting, upgraded window shades, custom light fixtures and dual pane windows throughout. Diverse rent roll and a variety of suite sizes mitigates roll over and downtime risks. All tenants have shared access to lush outdoor courtyards and meeting space as well as ample on-site parking. The city of Mill Valley has approved this property for re-purposing into a live-work or mixed-use project. Provides unique opportunity to create additional residential units to regions housing shortage

323038147

MLS ID

April 27, 2024

Updated

Map

125-131 Camino Alto
Mill Valley CA, 94941

Interior Features

Total Stories

0


Floor Description

Carpet, Tile, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Central, Varies by Unit


Heating

Yes


Heating Description

Varies by Unit

Exterior/Building Features

Lot Size

0.47 Acres


Sewer

Sewer Connected

Other Property Details

Area Name

Mill Valley


Garage

No


Parking

Carport, Common Area Shared, Private


View

No


County

Marin


Water Source

Water District


Pool

No


Zoning

Limited Commercial w Housing Overlay


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

4/24/2024

Under Contract

3/19/2024

Price Change

$4,988,000

-5%

3/12/2024

Price Change

$5,198,000

-12%

Listed by Dimitri Rigopoulos (01401522) with Vanguard Properties

Listing Contact:  

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