$8,250,000 SALE
23,606 SF
1141 Magnolia Avenue
Larkspur, CA 94939 Shops at Magnolia

Coldwell Banker Commercial NRT is pleased to present The Shops of Magnolia, an 23,600 square foot neighborhood retail strip center that is only 42.18% occupied by 7 tenants and is being offered for just under $350 per square foot. Immediate upside exists in leasing up the 13,600 square feet of vacant space, which includes a 6,500 square foot anchor space. Property is well positioned for a future residential development in a location with near Marin General Hospital and Marin Community College

Property Type Retail
Property Use Net Leased Property
Year Built 1948
Level Number 1
Listing ID 5R3DDK
MLS ID 487000
Style Retail – Free Standing
Building Size 23,606 SF
Lot Size 1.55 AC
Area Description

Area Description: The Shops at Magnolia are located in the town of Larkspur surrounded by high end homes and several similar strip neighborhood shopping centers. The property is well situated on a main thoroughfare which leads from the College of Marin to Marin General Hospital Campus. A short distance from the 101 Highway which extends from the Golden Gate Bridge (San Francisco) to Sonoma County and northern coast line.

Region: California

Region: College

Region: US

Region: Larkspur

Property Features
Parking Places: 79
Location Name: Marin
Water: City Water
Lot Size: 1-2 Acres
Age: Over 50 Years Old
Sewer: City

Thank you for requesting a property evaluation. A Coldwell Banker Commercial professional will be in touch with you soon.