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Mixed-Use Retail and Office Building
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501-503 South Myrtle Avenue, Monrovia, CA 91016

Mixed-use property combines retail and office space in Monrovia’s Old Town downtown historic commercial district.

Property SizeContact for details
Days on Market149

Property Features for 501-503 South Myrtle Avenue

General Information

Standard status Active
Property subtype Retail, Office

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: MacroReal Commercial Inc
Listed By: Grady Liu · License #CA 01290494
Source: Crexi
Added: Apr 10 Changed: Aug 10 Last Checked: Jul 22 at 8:13AM

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 MacroReal Commercial Inc

Investment Insights

Based on property information with market context.

This mixed-use property offers a combination of retail, restaurant, and office spaces within a downtown, historic commercial setting in Monrovia. The configuration supports retail and mixed-use activity on a pedestrian-oriented retail destination.

The property is positioned in Old Town Monrovia, with nearby high-density residential uses that include The Colorado Commons, featuring seventy-two units and an adjacent parking structure with over 180 spaces available for public parking. Additional surrounding conveniences include the Monrovia Goldline station about one mile south, and major retail and entertainment destinations such as Westfield Mall and Santa Anita Race Track approximately three miles away. Access is available via Myrtle Avenue, with both the 210 and 605 freeways in close vicinity.

For buyers and tenants seeking a mixed retail and office asset in a walk-up downtown environment, this property presents a straightforward platform anchored by retail, dining, and office space within the Old Town Monrovia commercial district.

Key Highlights

  • Mixed‑use building in Monrovia’s Old Town downtown historic commercial district with retail and office space
  • Located in a pedestrian‑oriented shopping destination serving retail, restaurants, office, and mixed‑use properties
  • Nearby Colorado Commons includes 72 units and a parking structure with 180+ public parking spaces

Property Analytics

Current Use

Office buildings

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.

Lease Details

Yes
Highway access
Yes
Paved road access

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?
Mixed-use property - Mixed-use property combines retail and office space in Monrovia’s Old Town downtown historic commercial district.
Where is this mixed-use property located?
The property is located at 501-503 South Myrtle Avenue Monrovia, CA.
What are key features of this property?
This property features: Mixed‑use building in Monrovia’s Old Town downtown historic commercial district with retail and office space; Located in a pedestrian‑oriented shopping destination serving retail, restaurants, office, and mixed‑use properties; Nearby Colorado Commons includes 72 units and a parking structure with 180+ public parking spaces
(626) 236-8934 Call to check price and availability
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