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501-509 W. Foothill Blvd.

$902,500

Monrovia, CA 91016

Details

  • $902,500
  • Building

5,800 SF Free Standing Commercial Property

501-509 W. Foothill Blvd. Monrovia, CA 91016

 

Property Details

Price $902,500
Building Size 5,800 SF
Lot Size 6,816 SF
Price/SF $228.45 /SF
Property Type Office
Property Sub-type Office Building
Additional Sub-types Free Standing Bldg Retail (Other)
Property Use Type Vacant/Owner-User
Commission Split 5%
Occupancy 0%
No. Stories 1
Building Class B
Year Built 1924
Tax ID/APN 8504-012-037
Status Active

 

Property Description
This property is approximately 5,800 SF situated on 6,816 SF of land. This property is divided into multiple units with most tenants on a month-to-month basis.
There is a long term lease with Jamisons Dry Cleaners through 2045. It is zoned RH which is the only residential zoning that allows commercial uses
specifically “Administrative Professional Services”. Units 501 and 507 are currently set up with executive office suites. Unit 503 is the dry cleaners. Unit 505 is
leased to Caldwell and Associates on a month to month basis. Unit 509 is leased to a CPR training company on a month to month basis. Possible to occupy a
portion and lease out the remaining. Units 505-509 could all be combined for an owner/user.

• An Approximate 5,800 SF multi-tenant commercial building situated on 6,816 SF of land. Divided into multiple units with most tenants on a month-to-month basis. Long term lease with dry cleaners.
• Zoned RH which allows Administrative Professional Services.
• Units 501 and 507 are currently set up with executive office suites. Unit 503 is the dry cleaners. Unit 505 is leased to Caldwell and Associates on a month to month basis. Unit 509 is leased to a CPR training company on a month to month basis. Contact broker for rent roll.
• Possible to occupy a portion and lease out the remaining units. Units 505-509 could all be combined for an owner/user.
•  Located at the signalized Corner of Foothill Blvd and Mayflower. Minutes from Old Town with close freeway access.
Location Description
This property is located at the Northwest signalized corner of Foothill Blvd and Mayflower. Foothill Blvd (historic Route 66) is a main thoroughfare through the
Foothill communities. It is minutes from Old Town and has close freeway access.

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Agent(s) for this listing

Linda Elkaim

Agent
Other listings

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