28
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$1,800,000
Est. payment /mo
2,360 SqFt
Active
506 S Myrtle Avenue Monrovia, CA 91016
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Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 2,360 sqft
Price per Sqft $762
MLS Listing ID CL25542339
HOA Y/N No
Year Built 1914
Lot Size 2,805 Sqft
Acres 0.06
Property Sub-Type Comm Ind For Sale
Property Description
Nestled in the heart of Old Town Monrovia, 506 South Myrtle Avenue offers a unique opportunity to own a piece of a highly cherished and historically vibrant downtown. This 2,360 square foot retail store, currently operating as Stinky Boba, a boba operation, sits along one of the San Gabriel Valley's most walkable main streets, where tree-lined sidewalks, preserved architecture, and locally owned shops reflect a community deeply rooted in pride and tradition. The property enjoys exceptional visibility and steady foot traffic, surrounded by beloved restaurants, family-run businesses, and a calendar full of community events that draw loyal local crowds year-round. With close proximity to the Metro Gold Line and the 210 Freeway, the location balances small-town atmosphere with regional accessibility. Current owner has spent ~$350,000 on renovations & high grade equipment: New roof coating, brand new air conditioning units (Daiken), brand new commercial grade kitchen, brand new restrooms, and more! With minimal upfront investment, this turnkey restaurant space is ideally positioned to attract tenants seeking low startup costs. Given its fully built-out, ready-to-operate condition, the property also allows ownership to command premium rental rates in a highly desirable location. Ideal
Location
State CA
County Los Angeles
Zoning MOCD
Interior
Fireplace No
Exterior
Total Parking Spaces 1
Building
New Construction No
Others
Tax ID 8516022013
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Listed by Daniel Shamooelian • Keller Williams Beverly Hills
A FEW WORDS FROM PAST CLIENTS
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289