Monrovia (639) Homes with Industrial Subtype

Monrovia (639) Homes with Industrial Subtype

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Newest Monrovia (639) Homes with Industrial Subtype

$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

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.