Historic 17-acre Bay Area waterfront property with restaurants, post office, and boatworks hits the market

A historic 17-acre waterfront property on Tomales Bay—home to restaurants, a U.S. post office, an oyster company and Marshall Boatworks—has been listed for the first time at $13 million. The holding, spread across four parcels in the unincorporated community of Marshall, sits along Highway 1 on Marin County’s eastern shore and includes about a 2,500-foot shoreline plus 18 existing buildings, including four homes and the Marshall Boat Yard. Brokers say it functions as Marshall’s commercial core and highlights potential “multiple income-producing and development possibilities.” Current operating revenue is reported at under $400,000 annually, with about $147,000 net income after roughly $250,000 in expenses. The property also includes the Marshall Store, noted by The New York Times in October 2021, and space leased to the USPS under a three-year term.