Monrovia CA Commercial for Sale
$4,800,000
501 Myrtle Avenue Monrovia, CA 91016
- Type:
- Mixed Use
- Sq.Ft.:
- 17,691
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1955
- Baths:
- MLS#:
- SR24225737
ADDITIONAL INFORMATION
Rare opportunity to own this property that includes includes 501-503 S. Myrtle Avenue and 50-100 W. Lemon Avenue. This Old Town Monrovia area that is so charming and people love to come to this street for the weekly farmers market, quaint restaurants and more. Two-story mix-used building with retail and offices situated on the first floor, second story executive offices and a usable basement level that is currently rented as executive offices and storage areas. Two retail spaces on the first floor. Many of the office suites are leased MTM with below market rents. Great opportunity for an investor to realize an upside in current market rents. Also an opportunity for an office owner/user to occupy first or second floor office space. The building has 17,691 total SF with 6,174 SF on the first floor, 5,548 SF on the second floor and 5,969 SF in the basement level. The building has fire sprinklers, 6 common area restrooms, 3 private restrooms, 2 kitchens and 2 janitor closets. Zoned HCD- Historic Commercial Downtown. Located in the heart of Old Town Monrovia. Situated on the busy signalized intersection of Myrtle and Lemon. High-density residential surrounds the property. 210 and 605 freeways are located in close vicinity. It is a heavily pedestrian-oriented shopping destination that consists if retail, restaurants, office an mixed-use properties. High-density residential uses surround the property including most closely The Colorado Commons with seventy two units total an parking structure with over 180 spaces also available for public parking use. The Santa Anita Race Track and Westfield Mall are located 3 miles from this property. The Monrovia Gold-line station is located about 1 mile south of this property. Both 210 and 605 freeways are located in close vicinity with access via Myrtle Avenue. Currently, there are 39 tenants occupied. Property was recently upgraded with newer flooring, store front and more!
- Type:
- Industrial
- Sq.Ft.:
- 1,912
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.76 Acres
- Baths:
- MLS#:
- AR24217421
ADDITIONAL INFORMATION
248 W Chestnut Ave in Monrovia, CA, is a commercial property recently listed as part of a new industrial condominium project. The building offers a range of office-warehouse spaces, suitable for various business types. The construction features concrete tilt-wall design with ceilings reaching up to 20.5 feet in height. The property is strategically located close to major highways (I-210 and I-605) and within walking distance to downtown Monrovia, making it a convenient choice for investors and business owners. Completed around 2022, this site provides a modern facility for commercial operations in the heart of San Gabriel Valley?
- Type:
- Retail
- Sq.Ft.:
- 4,180
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1928
- Baths:
- MLS#:
- AR24215935
ADDITIONAL INFORMATION
Elevated & modern free-standing building suitable for professional office or retail. State of the Art design & layout. High ceilings, grand lobby/reception area with large built-in counter, two conference rooms, skylight in conference room, two private executive suites, lounge & kitchen area, and storage rooms in the back. Building signage available on front and side of the building. Modified gross lease at $2.68 per square foot, unit size is 2,680 SqFt. Building has Myrtle Avenue street frontage, front & back entrance, and parking lot in the back. Plenty of street parking and public parking area. Excellent old town Monrovia location next to Bank of America, across from Citibank, and a shopping center with plenty of pedestrian traffic. Surrounded by national tenants with easy freeway access. Walking distance to restaurants, coffee shops, banks, and shops. Perfect for professional office, financial/real estate related services, retail, art gallery, florist, social club, coffee shop, etc. Ready to move-in!
- Type:
- Industrial
- Sq.Ft.:
- 2,000
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1961
- Baths:
- MLS#:
- AR24210757
ADDITIONAL INFORMATION
This space has approximately 2,000 SF of space available for industrial/flex use. It has approximately 600 SF of office space and the balance is warehouse. It has one grade level loading door. The building is located at the entrance of Old Town Monrovia in walking distance to restaurants, shops, etc. Parking is located at the front of the building as well as street parking.
- Type:
- Office
- Sq.Ft.:
- 2,050
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.08 Acres
- Year built:
- 1888
- Baths:
- MLS#:
- AR24189319
ADDITIONAL INFORMATION
This space has 2,050 SF located in Old Town Monrovia above London Gastropub. It has an open floor plan with 2 private offices, a kitchen/breakroom, private restrooms and two large open working areas. Exposed brick walls, recessed lighting and windows along perimeter of the space that provide natural light throughout. Hardwood floors, close public parking, windows facing Myrtle Avenue and wired for phone and internet. Ideal for architects, marketing firms, design studios and creative office uses.
$2,580,000
220 S Myrtle Avenue Monrovia, CA 91016
- Type:
- Retail
- Sq.Ft.:
- 4,180
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1928
- Baths:
- MLS#:
- CRAR24184844
View additional info
Courtesy: VasTree Real Estate
ADDITIONAL INFORMATION
Subject property is a freestanding building featuring two separate units totaling 4,180 square foot situated in Monrovia on high-traffic retail street and surrounded by national tenants. Building has two separate units for various uses such as the current retail and high-end office with highly coveted Myrtle Avenue street frontage. Both units have front & back entrance and all utilities are separately metered. Suite 218 is leased to a franchise pet shop at $3.62/Sq.Ft. per Month. Ideal hedge against inflation with Annual 5% Rent Increases. Suite 220 features high ceilings, professional receptionist counter and entry area, meeting room, large conference room with skylight, huge sales floor, two private executive offices, kitchen, storage room, and bathroom. Private parking in the back and plenty of City parking areas. Building is earthquake retrofitted. Truly a gem for owner-occupied investment property. Occupy one unit & collect immediate passive income from the other unit. High density area with shortage of developable land in this region. Building is located next to Bank of America, across from Citibank, and a high-traffic shopping plaza anchored by Vons Pavilions. The City hosts a variety of events all year round including the weekly street fair every Friday that attracts many
$2,580,000
S Myrtle Avenue Avenue Monrovia, CA 91016
- Type:
- Retail
- Sq.Ft.:
- 4,180
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1928
- Baths:
- MLS#:
- AR24184844
ADDITIONAL INFORMATION
Subject property is a freestanding building featuring two separate units totaling 4,180 square foot situated in Monrovia on high-traffic retail street and surrounded by national tenants. Building has two separate units for various uses such as the current retail and high-end office with highly coveted Myrtle Avenue street frontage. Both units have front & back entrance and all utilities are separately metered. Suite 218 is leased to a franchise pet shop at $3.62/Sq.Ft. per Month. Ideal hedge against inflation with Annual 5% Rent Increases. Suite 220 features high ceilings, professional receptionist counter and entry area, meeting room, large conference room with skylight, huge sales floor, two private executive offices, kitchen, storage room, and bathroom. Private parking in the back and plenty of City parking areas. Building is earthquake retrofitted. Truly a gem for owner-occupied investment property. Occupy one unit & collect immediate passive income from the other unit. High density area with shortage of developable land in this region. Building is located next to Bank of America, across from Citibank, and a high-traffic shopping plaza anchored by Vons Pavilions. The City hosts a variety of events all year round including the weekly street fair every Friday that attracts many residents and even attendees from other towns.
- Type:
- Retail
- Sq.Ft.:
- 9,050
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2.19 Acres
- Year built:
- 1985
- Baths:
- MLS#:
- AR24180898
ADDITIONAL INFORMATION
**Property for Lease: 928 W Huntington Dr, Monrovia, CA 91016** - Presenting an exceptional leasing opportunity at 928 W Huntington Dr, Monrovia, CA 91016. Formerly home to a Red Lobster restaurant within the Holiday Inn Monrovia, this property is ideally situated for your next business venture. Located in a bustling area with excellent visibility and convenient access, this space is perfect for a variety of commercial uses. Nestled within the Holiday Inn Monrovia on W Huntington Drive, this property offers easy access to the 210 and 605 freeways, making it convenient for both local patrons and visitors from outside the area. The property boasts a large, open floor plan, ideal for a wide range of commercial applications, including a restaurant, retail outlet, or other business ventures. Enjoy the convenience of abundant on-site parking within the Holiday Inn premises, ensuring easy access for your customers and employees. Previously operated as a Red Lobster, this space comes equipped with existing restaurant infrastructure, including a commercial kitchen, dining area, bar, and all necessary furniture and equipment, making it ready for immediate restaurant operations. Situated in a high-traffic area with prominent signage opportunities, this property is well-positioned to attract significant foot and vehicle traffic. This property offers a unique opportunity to establish your business in a high-profile, high-traffic location with a rich history. Whether you’re looking to open a new restaurant, retail store, or other commercial enterprise, 928 W Huntington Dr provides the flexibility and potential to bring your business vision to life. Don't miss out on this premier leasing opportunity—contact us today to schedule a viewing and explore the possibilities for your business at this prime Monrovia location.
$17,433
724 Drive Monrovia, CA 91016
- Type:
- Office
- Sq.Ft.:
- 8,940
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.41 Acres
- Year built:
- 1964
- Baths:
- MLS#:
- CV24172019
ADDITIONAL INFORMATION
Large 8,940 SF free-standing single tenant building with an approximate 17,762 SF lot. The building is centrally located off Huntington Drive with great visual from the street. There are a combined 21 parking spaces, with an open driveway off the main street and gated parking in the rear. Nearly half the building features individual offices and the other half features two large rooms suitable for multiple work configurations. The location is across from an active shopping center and has quick access to major 210 and 605 freeways.
- Type:
- Business Opportunities
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Baths:
- MLS#:
- GD24158361
ADDITIONAL INFORMATION
A well-established business in the vibrant heart of downtown Monrovia, this one-stop shop specializes in shoe and purse repairs as well as key duplication services. In business for over 40 years, it has earned a loyal customer base through its commitment to quality craftsmanship and outstanding service. The business is situated in a high-traffic area and enjoys a steady flow of local patrons and visitors. With a solid foundation and a prime location, this is an excellent opportunity to continue seamlessly in a thriving community.
- Type:
- Business Opportunities
- Sq.Ft.:
- 1,640
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.79 Acres
- Year built:
- 2019
- Baths:
- MLS#:
- OC24139062
ADDITIONAL INFORMATION
This newly built warehouse, conveniently located near major freeways and Old Town Monrovia, offers a blend of functionality and modern upgrades. The property is fully fire sprinkled for safety and features an office space of approximately 250 sq ft with a central HVAC system (3 ton). Recent upgrades include new flooring and shades in the office, epoxy flooring throughout the warehouse, and the addition of kitchen cabinets. The warehouse also boasts a partial wood ceiling with decorative lighting, custom tool box cabinets, lockers, and shelves. With a ceiling height of 22 ft, a roll-up door measuring 16 ft high and 10 ft wide, and a 200 AMPS electrical capacity, this warehouse is both practical and versatile. Its prime location, just 2 minutes from the 210 Freeway, 4 minutes from the 605 Freeway, and 10 minutes from the 10 Freeway, offers excellent accessibility. Additionally, the property is within walking distance to Old Town Monrovia, providing convenience for business needs and employee amenities. This warehouse is ideal for businesses seeking a well-equipped and strategically located space.
- Type:
- Business Opportunities
- Sq.Ft.:
- 1,580
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.76 Acres
- Year built:
- 2023
- Baths:
- MLS#:
- WS24128802
ADDITIONAL INFORMATION
Chestnut Business Center offers the unique opportunity to acquire a brand-new industrial condominium in heart of Monrovia. The office warehouse is ideal for many business types. The warehouse features concrete tilt-wall construction and has 18’ clear heights. This property offers a significant opportunity for investors or owner-users seeking a location in one of the most desirable areas in San Gabriel Valley. Minutes to I-210 and I-605 freeway and walking distance to downtown Monrovia.
$180,000
Duarte Monrovia, CA 91016
- Type:
- Business Opportunities
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1961
- Baths:
- MLS#:
- AR24101207
ADDITIONAL INFORMATION
Established Chinese Restaurant for Sale with Beer and Wine License on Duarte Rd., Monrovia/ Arcadia Looking to own a thriving restaurant in a prime location? Look no further! This well-established Chinese restaurant has been serving delicious cuisine to the local community for over 15 years and is now ready for a new owner to take the reins. Conveniently located in a shopping center with Good Fortune supermarkets Plaza in Monrovia/ Arcadia, our restaurant benefits from heavy foot traffic and excellent visibility. Situated in a bustling commercial and residential area with ample parking, it attracts both locals and tourists The Spacious dining area with seating for about 100 guests also has a private party room and some private dining areas offering a comfortable and inviting ambiance —a fully equipped kitchen fitted with high-quality appliances and ample prep space, ideal for accommodating high-volume orders. Well-trained and experienced staff committed to delivering exceptional service and maintaining the restaurant's stellar reputation. fostering customer engagement and loyalty. Do not miss the opportunity!!!
- Type:
- Business Opportunities
- Sq.Ft.:
- 7,300
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.19 Acres
- Year built:
- 1908
- Baths:
- MLS#:
- AR24098494
ADDITIONAL INFORMATION
The Gem City Grill is a popular bar/lounge and restaurant located in Old Town Monrovia right at Myrtle Ave. The City of Monrovia supports their Old Town business district with many community events including Monrovia's Friday Night Street Fair and Market which bring crowds from the entire San Gabriel Valley and farther. The Gem has an array of TV's featuring all sporting events making it a favorite for all sports fans. Two pool tables and multiple dart boards support local teams, leagues and competitions on a consistent weekly schedule and don't forget Karaoke. Live music on the weekends along with great food from the kitchen makes it a must stop for everyone. The kitchen is a great feature to provide their customers with delicious reasons to visit. This bar/restaurant is unique in all the amenities they offer to attract a diverse customer base in a vibrant Old Town Monrovia environment. The size of the premises easily provides the space to carry on these multiple amenities and events in a very comfortable space. Recently, the entire establishment went through a complete remodel including bathrooms, bar, equipment, flooring, kitchen improvements, POS, interior decor that has truly transformed it to the real "Gem" of Monrovia. The floor plan features a large double sided U shaped bar with an array of bar stools, high tables and chairs on one side and lower tables, chairs, dart boards and stage for the entertainment on the other side. Two entry doors serve Olive Ave, one of which is used for special occasions and a third serves the rear entrance from the free rear parking lot and Myrtle Ave access. There is great frontage on Olive Ave and ingress/egress to free parking and access to Myrtle Ave. Gem City is part of a free standing building with double wide unit spacing so it is very visible. There is an abundance of available parking directly in front of the building and free parking in an adjacent parking lot right outside the rear entrance. In addition, Monrovia Old Town provides an abundance of supporting free parking for the business district. The Old Town Monrovia location provides a consistent flow of potential customers with all the fantastic events the city provides to support the business district along Myrtle Ave. Monrovia business district has upscale rental communities with more in the planning stage to again support the local businesses. This is a great opportunity.
- Type:
- Other
- Sq.Ft.:
- 870
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1946
- Baths:
- MLS#:
- IV24097584
ADDITIONAL INFORMATION
This is a well cared for commercial property that is being sold under Partition Referee action and is subject to court approval of a sale. Located on California Ave with plenty of visibility and close to the 210 freeway. This property is ideal for a small business in need of an office space and storage. The property consist of an 870 square foot office building with a warehouse at the rear of the structure and a roll up door. There is alley access and a rolling gate at the rear of the property. Off street parking is available at the front of the property. It is undetermined whether the addition at the rear of the structure is permitted. This is a well cared for commercial property that is being sold under Partition Referee action and is subject to court approval of a sale.
- Type:
- Office
- Sq.Ft.:
- 580
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.59 Acres
- Year built:
- 1984
- Baths:
- MLS#:
- TR24064927
ADDITIONAL INFORMATION
Welcome to a charming office space available for rent, encompassing 580 square feet of versatile work area. Nestled within, you'll find a haven of productivity with ample natural light filtering through large windows, fostering an ambiance of creativity and focus. The space features its own private bathroom for convenience, ensuring seamless workflow. Additionally, a dedicated storage room offers organizational solutions, optimizing the functionality of the workspace. Whether you're a burgeoning startup, a freelance professional, or an established business, this meticulously designed office space promises comfort, functionality, and adaptability to suit your unique needs. Elevate your business in this inviting environment.
- Type:
- Retail
- Sq.Ft.:
- 10,329
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.34 Acres
- Baths:
- MLS#:
- AR24051303
ADDITIONAL INFORMATION
Multi tenant building with limited parking on the corner of Stedman and Foothill Bl. Vacant space was formerly a Subway sandwich shop and has floor drains, stove hood, land mop disposal area. Other tenants are a Dentist and a Massage Envy. Needs a tenant with little vehicle traffic as there is little parking in rear but also parking in the lot on Stedman behind the smoke shop. A Optical business may be a good fit! or something along those lines. Space is currently available.
- Type:
- General Commercial
- Sq.Ft.:
- 2,146
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1947
- Baths:
- MLS#:
- IV24045486
ADDITIONAL INFORMATION
Welcome to a piece of local history! This majestic church building, constructed in 1947, stands as a testament to exquisite craftsmanship and timeless architectural beauty. Located in the heart of Monrovia, this property offers a rare opportunity for those seeking a unique investment or redevelopment project. Situated in a vibrant neighborhood, the church enjoys convenient access to public amenities, public transportation, schools, parks, etc., enhancing its appeal to prospective buyers. Whether you're a church planter or an investor with a vision for restoration, a developer seeking a unique project, or a community group looking to preserve a piece of history, this property offers an exceptional opportunity. Bring your creativity and passion to transform this iconic building into a cherished asset for generations to come. Buyer agent to perform due diligence. Take advantage of this rare opportunity. Don't miss the chance to own a piece of local history while reaping the rewards of a strategic investment in one of Monrovia’s most sought-after neighborhoods.
- Type:
- Mixed Use
- Sq.Ft.:
- 12,120
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.55 Acres
- Year built:
- 1961
- Baths:
- MLS#:
- AR23014522
ADDITIONAL INFORMATION
Rate Reduced! Newly renovated flex space fully temperature controlled. This space features a total of 12,120 SF with approximately 4,000 SF of office space and approximately 8,000 SF of warehouse space. It has concrete floors throughout, fire sprinklers, exposed ceiling and beams in both the office and warehouse. The office area has floor to ceiling windows for each office and conference room. There are 7 private offices, large conference room, kitchen with break area and two restrooms with multiple stalls. It features a large entry/reception area secure from the office and warehouse. The warehouse area has an open layout with 16 foot clear height, 1 dock high door, 100% HVAC, insulated and a separate restroom for the warehouse. Showroom area with glass loading door leading to warehouse- potential to remove and expand warehouse area. There is a secured yard with electronic gate access, newly paved parking lot, generator and air-compressor. There are 36 parking spaces and alley access to drive through with trucks. Modern space ideal for food & beverage related uses, R&D, technology and array of light manufacturing uses. Possible to purchase liquor licenses that have been approved for this site that allow an operator to sell to stores, restaurants, import and export wine and beer and do tastings on site. Please call broker to get more information on this. North Monrovia Industrial area blocks from Old Town. Two blocks North of Huntington. Close freeway access to the 210 and 605 freeways.
- Type:
- Mixed Use
- Sq.Ft.:
- 1,542
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1960
- Baths:
- MLS#:
- CV20087691
ADDITIONAL INFORMATION
Location! Location! Location! Perfect opportunity for an investor to own a commercial property in a very desirable area of Monrovia. It's 2 units with 10 paring spaces in the rear. Perfect both units have there own bathroom. Shaffer Awards is an established and long time tenant. Please do not disturb tenants. Close to schools, shopping centers, sits on a main street with heavy traffic flow, within walking distance to the heart of Downtown Monrovia, adjacent property 448 W Foothill Blvd. is also for sale and they could be sold together.
Monrovia Real Estate
The median home value in Monrovia, CA is $887,250. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Monrovia, CA is $887,250. Approximately 45.48% of Monrovia homes are owned, compared to 48.14% rented, while 6.38% are vacant. Monrovia real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Monrovia real estate agent to arrange a tour today!
Monrovia, California has a population of 37,999. Monrovia is less family-centric than the surrounding county with 30.51% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Monrovia, California is $87,077. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Monrovia is 39.1 years.
Monrovia Weather
The average high temperature in July is 87.7 degrees, with an average low temperature in January of 46.6 degrees. The average rainfall is approximately 20.2 inches per year, with 0 inches of snow per year.