111 Monrovia, CA 91010
- Retail properties
- 10,329 SF
- 0.34 lot acres
Current Use by Public Records
- Retail properties
Property Details for 111
- Lot size
- 0.34 lot acres
- Property size
- 10,329 SF
- Property type
- Retail properties
Description
This 10,329 square foot multi-tenant retail building is situated on a prominent corner lot at the intersection of Stedman and Foothill Boulevard in Monrovia, California. The property sits on a 0.34-acre lot and offers high visibility for potential businesses. Currently, a portion of the building is available for lease. This space, previously occupied by a Subway sandwich shop, features desirable amenities including floor drains, a stove hood, and a land mop disposal area. The building is currently home to a dentist and a Massage Envy franchise. Parking is limited, primarily consisting of a small rear lot and additional spaces in a lot on Stedman behind a smoke shop. Therefore, this space is best suited for a business with minimal customer vehicle traffic. Businesses with a low volume of deliveries and customer vehicles, such as an optical business or similar low-traffic enterprise, would be ideal tenants. The property's location and existing tenant mix provide a strong foundation for a successful business venture. The asking price for the available space is $2 million. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Monrovia
- County
- Los Angeles
- State
- California
- Longitude
- -117.89
- Latitude
- 34.1394
