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248 Chestnut Ave Monrovia, CA 91016

For Sale
$998,000

Modern Industrial Space, Excellent Access

Property size:
1,912 SF

Description

Added:
Feb 3, 2025
Days on Market:
316
This exceptional 1,912 square foot industrial condominium, situated on a 0.76-acre lot at 248 Chestnut Avenue in Monrovia, CA, presents a compelling investment opportunity. Completed in 2022 as part of a new development, this property boasts a robust concrete tilt-wall construction, offering durable and modern warehouse space. High ceilings, reaching up to 20.5 feet, provide ample vertical storage and operational flexibility. The unit is ideally suited for a variety of commercial uses, offering a blend of office and warehouse space to accommodate diverse business needs. Its strategic location within the San Gabriel Valley offers unparalleled convenience. The property enjoys proximity to major transportation arteries, including the I-210 and I-605 freeways, ensuring seamless logistics and efficient commutes. Furthermore, its walkable distance to downtown Monrovia provides easy access to local amenities and services. This turnkey industrial space represents a rare opportunity to acquire a modern, well-located asset in a thriving commercial market. The asking price is $998,000. This property is ready for immediate occupancy and offers significant potential for growth and return on investment.

Property Features for 248 Chestnut Ave

General Information

Property type
Industrial properties
Square Feet
1,912 SF
Lot Size
33,106 SF

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Industrial properties

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Monrovia
County
Los Angeles
State
California
Longitude
-118.0048
Latitude
34.14227

FAQs

What type of property is this?
Industrial property - Modern Industrial Space, Excellent Access
Where is this industrial property located?
The property is located at 248 Chestnut Ave Monrovia, CA.
What is the asking price?
The asking price for this property is $998,000.
More about this property
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