Home | Marin County | Larkspur | 94939 | 503 Magnolia Ave
MLS: BA326064751 | Status: Active | Price: $3,495,000
Beds/Baths: – / –
Property Type: Commercial Sale
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 3,736 | 7,500 | 1906 |
Rare opportunity to acquire a well-located mixed-use asset with stable in-place income in the heart of downtown Larkspur's historic Magnolia Avenue corridor. Situated on a prominent corner just steps from the iconic Lark Theater, and surrounded by boutique retailers, acclaimed restaurants, and neighborhood amenities, the property offers convenient access to the Larkspur Ferry Terminal and Highway 101.The offering comprises four buildings totaling 3,736 SF on a 7,500 SF lot, zoned SD (Storefront Downtown) with historic designation. The Magnolia Avenue frontage is occupied by two established, long-term retail tenants providing immediate cash flow from a highly visible, pedestrian-oriented location. 115 Ward Street, a vacant standalone building at the rear of the property, is classified as residential, but was previously used as a office. Additional features include two dedicated parking spaces with garages and private courtyard storage. Located in one of Marin County's most walkable districts, this is a compelling investment opportunity with long-term upside.
| Field | Value |
|---|---|
| MLS # | BA326064751 |
| MLS Source | Bay Area Real Estate Information Services, Inc. |
| Days on Site | 0 |
| Feature | Details |
|---|---|
| Sewer | Public Sewer |
| Water | Public |
| Zoning | SD - Store Front Downtown |
| Feature | Details |
|---|---|
| # Buildings / # Units | 4 / 0 |
| Parking Spaces | 2 |
| Present Use | Mixed, Office, Residential, Retail |
| Utilities | Water - Public |
| Listing Agent | Co-Listing Agent |
|---|---|
| Frank Villanueva | Daniel Camou |
| Compass | Compass |
| License #: 01425060 | License #: 02078885 |
| Phone: (415) 531-9594 | Phone: (415) 336-3075 |
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 4 | – | 0 |
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This listing information is up-to-date as of July 30, 2026. For the most current information, please contact Frank Villanueva, (415) 531-9594.