220 Ave Monrovia, CA 91016
- Retail properties
- 4,180 SF
- 0.17 lot acres
Current Use by Public Records
- Retail properties
Property Details for 220 Ave
- Year built
- 1928
- Lot size
- 0.17 lot acres
- Property size
- 4,180 SF
- Property type
- Retail properties
Description
This exceptional 4,180 square foot free-standing retail building in Monrovia, CA, presents a unique opportunity for a discerning business. Boasting a state-of-the-art design and layout, the property features high ceilings and a grand lobby/reception area complete with a large built-in counter. Two well-appointed conference rooms, one enhanced by a skylight, provide ample space for meetings and presentations. Two private executive suites offer secluded workspaces, while a comfortable lounge and kitchen area cater to employee needs. Convenient storage rooms are located at the rear of the building. The property benefits from prominent building signage opportunities on both the front and side, ensuring high visibility. This 2,680 square foot unit is offered at a modified gross lease rate of $2.68 per square foot. The building enjoys excellent street frontage on Myrtle Avenue, with both front and rear entrances, and a dedicated parking lot at the rear. Abundant street parking and nearby public parking options further enhance convenience. Situated in the desirable Old Town Monrovia, this property enjoys a prime location adjacent to Bank of America, across from Citibank, and a shopping center anchored by Vons Pavilions and Chase Bank. This high-traffic area ensures significant pedestrian exposure. The surrounding presence of national tenants and easy freeway access add to the property's appeal. A variety of nearby amenities, including restaurants, coffee shops, banks, and shops, are within walking distance. Ideal for a range of businesses, including professional offices, financial/real estate services, retail establishments, art galleries, florists, social clubs, and coffee shops, this move-in ready property offers an unparalleled combination of location, design, and functionality. The 0.17-acre lot provides ample space for operations and potential future expansion.
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
- -118.001
- Latitude
- 34.1411
