741 Blithedale AveMill Valley, CA 94941

  • Other commercial real estate
  • 32,514 SF
For Lease

Property Details for 741 Blithedale Ave

Year built
1983
Lot size
1.70 AC
Property size (Sq ft)
32,514 SF
Property type
Other commercial real estate
APN
030-141-18
APU
3014118

Description

Alto Center, a well-established shopping center in Mill Valley, Marin County, offers exceptional retail leasing opportunities. Built in 1961, this center boasts a total of 7,934 square feet and currently has 3,434 square feet of vacant space available for lease. The property is strategically located at the intersection of East Blithedale and Lomita Drive, a major thoroughfare connecting Mill Valley to Highway 101, experiencing high traffic volume exceeding 40,000 vehicles daily. This ensures excellent visibility and accessibility for businesses. The center is anchored by prominent national retailers including Whole Foods, Rite Aid, Pet Food Express, CVS, and the United States Postal Service, creating a strong synergy and attracting a substantial customer base. Flexible space options are available, with a minimum leasable area of 1,234 square feet and a maximum contiguous space of 2,200 square feet. A rare opportunity exists for a second-generation restaurant space. This presents a unique chance to establish or expand a business within a thriving and well-established retail environment in a highly desirable Marin County location. The property's long-standing presence and strong tenant mix make it an attractive investment for businesses seeking a prime retail location in Mill Valley.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $10,210,216
    Hospitality
    $9,352,503
    Educational
    $7,781,173
    Medical
    $8,048,780
    Retail
    $12,104,047
741 Blithedale Ave, Mill Valley, California

Location Insight

City
Mill Valley
County
Marin
State
California
Latitude
37.9028
Longitude
-122.525
CBSA code
41860
CBSA name
SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$222,131
$8,791,930
$6,988,328
$15,780,258
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