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Retail Property Near Shopping District
For Sale
Contact for pricing
Pending

116 W Lime Ave, Monrovia, CA 91016

Retail property positioned steps from the Myrtle Avenue shopping district with nearby public parking and a walkable neighborhood.

Property SizeContact for details
Days on Market121

Property Features for 116 W Lime Ave

General Information

Standard status Pending
Property subtype Mixed Use, Office, Retail
Listing Agency: CBRE LA
Listed By: Ed Matevosian · License #CA Lic. 01358783
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Aug 9 at 3:26PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE LA

Investment Insights

Based on property information with market context.

This retail property is located steps from the Myrtle Avenue shopping district and close to numerous local amenities. The area is known for Monrovia’s Friday night Street Fair and Market, providing consistent neighborhood activity.

The property also benefits from adjacency to ample public parking and a scenic park within a walkable setting. A short hop to Station Square is noted in the remarks, where a proposed transit-oriented community is expected to include over 1,500 residential units.

Overall, the location supports retail use in a dense, amenity-rich environment with convenient public parking and established neighborhood foot traffic.

Key Highlights

  • Retail property steps from the Myrtle Ave. shopping district
  • Near ample public parking
  • Walkable neighborhood with access to nearby amenities

Property Analytics

Current Use

Kevin Mercado Chiropractic Alternative Medicine Practice Dr. Elizabeth Lee Physician Leopoldo Alonzo Physician

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Tech Support Center Butcher Storage Facility Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,353
Businesses Nearby

Demographics for 91016, CA

41,852
Population
16,171
Households
2.6
Avg Household Size
41
Median Age
44%
College-Educated
90%
High-School Grad
8.5 sq mi
ZIP Area
4,924
Density / Sq Mi
$99,555
Median Household Income
$51,120
Median Earnings
$2,008
Median Rent
$874,100
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail property positioned steps from the Myrtle Avenue shopping district with nearby public parking and a walkable neighborhood.
Where is this retail space located?
The property is located at 116 W Lime Ave Monrovia, CA.
What are key features of this property?
This property features: Retail property steps from the Myrtle Ave. shopping district; Near ample public parking; Walkable neighborhood with access to nearby amenities
(818) 907-4697 Call to check price and availability
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