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1938 S Myrtle Ave

5,000 SF Industrial Building Monrovia, CA 91016 $3,223,741 CAD ($645 CAD/SF)

Investment Highlights

  • M Zoned - 12' Clear Height - Clear span - 5,000 SF of Industrial Building
  • Additional Yard Space for Outdoor Usage/Storage
  • Double Gated and Secured Parking
  • Centralized Monrovia Location - Easy Access to 210 Freeway
  • 1,000 SF Second Floor Dedicated Private Office Space
  • Owner User Opportunity

Executive Summary

Specialized Realty & Pinnacle Estates are pleased to presents an owner user or investment opportunity at 1938 S. Myrtle Avenue, a rare fully sprinklered 5,000 SF freestanding industrial/flex building for sale situated on a 10,019 SF M zoned parcel ideal for manufacturing, warehouse, flex and a variety of other commercial uses.
The 2 story 5,000 square foot building consists 4,000 SF of ground level industrial/manufacturing/warehousing space with 12’ of clear height and 1,000 SF of dedicated 2nd floor office space. The property features 400A 240V 3P power, ample parking in a double gated, secured parking lot w/ additional outdoor covered area in the rear, fire sprinklers, 1 drive-in door and tremendous frontage on one of Monrovia’s busiest thoroughfares.
This robust & versatile property is situated on Myrtle Ave in a dense urban area with easy access to the 210 major Freeway making it ideal for a multitude of uses.

Property Facts

Price $3,223,741 CAD
Price Per SF $645 CAD
Sale Type Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Showroom
  • OfficeLoft Creative Space
  • FlexLight Distribution
Building Class B
Lot Size 0.23 AC
Rentable Building Area 5,000 SF
No. Stories 2
Year Built/Renovated 1968/2020
Tenancy Single
Parking Ratio 1.6/1,000 SF
Clear Ceiling Height 12 ft
No. Drive In / Grade-Level Doors 1

Amenities

  • 24 Hour Access
  • Bus Line
  • Fenced Lot
  • Signage
  • Yard

Utilities

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8513-001-022
Land Assessment
$1,200,320 CAD
Improvements Assessment
$802,539 CAD
Total Assessment
$2,002,859 CAD

zoning

Zoning Code M, Monrovia (M - Various industrial and manufacturing. (Buyer to verify with city of Monrovia))
M, Monrovia (M - Various industrial and manufacturing. (Buyer to verify with city of Monrovia))
  • Listing ID: 33806669

  • Date on Market: 2024-11-08

  • Last Updated:

  • Address: 1938 S Myrtle Ave, Monrovia, CA 91016

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