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$920,000
AR26199981 MLS Active Status
Extremely Rare 2023-Built Industrial Condominium | Owner-User or Sale-Leaseback, Excellent Location near Old Town Monrovia, Excellent Curb appeal, Zoning allows Wide Range of Uses. 252 W Chestnut Ave, Monrovia, a premium single-story industrial condominium situated just two blocks from historic Old Town Monrovia. Constructed in 2023 within a modern industrial complex, this asset offers an immaculate, contemporary aesthetic. This offering provides exceptional flexibility: it can be delivered 100% vacant for an owner-user seeking state-of-the-art facilities, or structured as a sale-leaseback for an investor seeking stable yield. The property boasts an efficient layout with ±1,140 SF of warehouse and ±440 SF of office space, complete with an 18-foot clearance height, a 10-foot roll-up door, and modern 250-AMP electrical service. With major building systems dating to the recent 2023 construction, the new owner will benefit from a virtually maintenance-free asset. As of September 2026, the HOA charge is $288/month which covers property insurance and common area maintenance. The property is strategically located only 2 blocks from Old Town Monrovia and 2 blocks from Huntington Drive with superb access to FWY 210 and FWY 605. This area is adjacent to affluent cities, Arcadia, San Marino, and Pasadena. The property is walking distance to the Monrovia Gold line and is surrounded by old towns restaurant and cafe row, upscale bars and boutique shops while including national retailers. The new owners can enjoy its proximity to FWY 210 and the Monrovia Gold Line.

252 W Chestnut, Monrovia

$3,700,000
AR26193692 MLS Active Status
Free-standing industrial building at the entrance of Old Town Monrovia. Approximately 9,844 SF with 6K SF of two-story office build-out with reception, large conference room, twelve spacious private offices, four restrooms, kitchen/break room, storage space and three open work areas. The office area has upgraded finishes throughout with glass office doors, hardwood flooring, skylights and LED lighting. The warehouse area has 20-foot minimum clear height, two ground level doors 14’x16’, insulated, skylights and 600 AMP power 240 Volt 3 Phase. There is a restroom and mop-sink in the warehouse area. The parking lot has 17 parking spaces, alley access for loading and additional street parking available. It is zoned M- Manufacturing which allows contractors, light industrial uses, manufacturing, etc. The property is located at Maple and Myrtle Avenue one block North of Huntington Drive. Close access to the 210 and 605 freeways via Myrtle Avenue. Walking distance to Old Town shops, restaurants, banks and post office.

125 W Maple, Monrovia

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