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0 Baths
3,736 sqft

$3,495,000

503 Magnolia Avenue, Larkspur CA, 94939

Price per sqft$935.49
Built in1906
Property size3,736 sqft
Property typeCommercial

Overview

Under contract

Contingent - Show

Listed Jul 30, 2026

Updated 3 weeks ago

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 an 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.

Additional information

MLS® ID
326064751

Interior Features

Bathrooms
0
Basement
No

Exterior Features

Lot Size
0.17 Acres

Other Property Details

Garage
Yes
MLS provider logo

Listed by Frank Villanueva with Compass

Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS, but is not warranted. Data last updated on 8/24/2026.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Lori Docherty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 2:28 AM UTC, 8/24/2026

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