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Free-Standing Automotive Industrial Building

328 W Foothill Blvd Monrovia, CA 91016

328 W Foothill Blvd, Monrovia, CA, 91016
$1,695,000
For Sale
$1,695,000

Freestanding building with seven bays, two 20-foot roll-up doors, and vehicle lift on a secured yard site.

Property Size2,312 SF
Lot Size0.18 Acres
Price / SF$733.13
Days on Market140

Property Features for 328 W Foothill Blvd

General Information

Standard status
Active
Size
2,312 SF
Lot size
0.18 Acres
Property subtype
Commercial/Industrial

Building Details

Year Built
1949
Listing agency Kailani Realty
Listed by Nizar Kailani · License #01272558
Source Exitrealty
Added: Mar 4 Updated: Jul 21 at 8:50PM Checked: Jul 21 at 8:50PM

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 Kailani Realty


Investment Insights

Based on property information with market context.

Free-standing commercial building designed for automotive or light industrial use, with approximately 2,312 SF of improvements on a 7,744 SF lot. The structure includes seven oversized interior bays, two 20-foot roll-up doors, and a vehicle lift. On-site systems include a high-capacity air compressor and a waste oil storage tank, supporting established mechanical operations. The site is laid out for vehicle flow with a long driveway running the depth of the lot, two 25-foot rear gates spanning approximately 50 feet, and enclosed/covered yard parking.

The front area provides parking for approximately 8 vehicles, while the rear accommodates parking for about 10 vehicles including 6 covered spaces. The property is positioned directly on Foothill Boulevard on one of the most heavily traveled corridors in Monrovia, offering prominent street presence and visibility.

Interior bay configuration and the secured yard make the property flexible for a range of automotive and industrial-oriented functions. The rear gate access and covered parking support operational needs requiring storage and equipment staging. Buyer should verify zoning and permitted uses with the City for any adaptive reuse beyond the current automotive buildout.

Key Highlights

  • Freestanding commercial building on Foothill Boulevard in Monrovia, with approx. 2,312 SF of improvements on a 7,744 SF lot
  • Seven oversized interior bays plus a vehicle lift and two 20‑foot roll‑up doors for automotive or light industrial use
  • High‑capacity air compressor and waste oil storage tank included in the existing setup

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $78.2k $33.84
− Vacancy −$5.2k −$2.23
EGI $73.1k $31.61
− OpEx −$21.9k −$9.48
NOI $51.2k $22.12
2,312 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%

Alternative Uses

Best Use
Retail
$730.7K
$639.4K – $852.5K (±1% cap)
NOI $51,152 @ 7.0% cap · market cap 3.02%
Second Best
Industrial
$386.0K
$337.7K – $450.3K (±1% cap)
NOI $27,018 @ 7.0% cap · market cap 1.59%
Theoretical Best
Office A
$1.24M
$1.08M – $1.44M (±1% cap)
NOI $86,649 @ 7.0% cap · market cap 5.11%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Legendary Auto Boutique Auto Repair Shop American & Foreign Automotive Auto Repair Shop

Suggested Use

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

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

Similar Off Market Nearby

  • Win Weston Roadside Assistance — 405 E Santa Clara St, Arcadia, CA 91006
  • Hopkin's Auto — 8508005021, Monrovia, CA 91016
  • Leonel's Auto Body & Frame — 319 W Maple Ave, Monrovia, CA 91016
  • Ferrari Brothers Body Shop — 247 W Maple Ave, Monrovia, CA 91016
  • Mosher's Muscle Car Motors — 900 S Magnolia Ave, Monrovia, CA 91016

FAQs

What type of property is this?
Auto shop - Freestanding building with seven bays, two 20-foot roll-up doors, and vehicle lift on a secured yard site.
Where is this auto shop located?
The property is located at 328 W Foothill Blvd Monrovia, CA.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Freestanding commercial building on Foothill Boulevard in Monrovia, with approx. 2,312 SF of improvements on a 7,744 SF lot; Seven oversized interior bays plus a vehicle lift and two 20‑foot roll‑up doors for automotive or light industrial use; High‑capacity air compressor and waste oil storage tank included in the existing setup
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