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510 S Myrtle Ave 1,417 SF Retail Building Monrovia, CA 91016 $1,234,151 CAD ($870.96 CAD/SF)
Investment Highlights
- Positioned along historic Myrtle Avenue in the heart of Old Town Monrovia, a walkable and established retail district known for its historic character
- Weekly Friday Night Street Fair & Market
- Seller Leaseback Option Available
- Nearby businesses include Café de Olla, The State Whisky Bar, Mikomi Sushi Monrovia, Copper Still Grill, and The Jewelry Box
- FF&E Included for Immediate Business Operation
Executive Summary
Rare Owner-Operator Opportunity in Downtown Monrovia – An unique opportunity to own both the business and the underlying real estate, providing control of the location, immediate operating potential, and long-term real estate value.
Property Facts
Sale Type
Owner User
Property Type
Retail
Building Size
1,417 SF
Building Class
C
Year Built
1935
Price
$1,234,151 CAD
Price Per SF
$870.96 CAD
Building Height
1 Story
Building FAR
0.54
Lot Size
0.06 AC
Zoning
MOCD*
Frontage
34’ on South Myrtle Avenue
Very walkable
80/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 8516-022-015 | Improvements Assessment | $392,269 CAD |
| Land Assessment | $582,890 CAD | Total Assessment | $975,159 CAD |
Property Taxes
Parcel Number
8516-022-015
Land Assessment
$582,890 CAD
Improvements Assessment
$392,269 CAD
Total Assessment
$975,159 CAD
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510 S Myrtle Ave
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