146 E Walnut Ave - Medical FOR SALE


Monrovia, CA 91016
$1,200,000 USD
310-654-8767
146 E Walnut Ave, Monrovia, CA for Sale
$1,200,000 USD
Medical - FOR SALE
1/42
null | 7% Cap Rate

146 E Walnut Ave
Monrovia, CA 91016


HIGHLIGHTS

  • Central to downtown Monrovia
  • Walking to City Parking
  • Corner lot - good traffic

OVERVIEW

Exceptional owner-user or investment opportunity in the heart of Monrovia. This well-maintained professional office building offers approximately 1,620 square feet of functional workspace situated on an approximately 8,190-square-foot corner lot with convenient alley access. Currently configured as a medical/professional office, the property provides a highly functional layout ideal for a variety of healthcare and professional service users. The interior features a welcoming reception and waiting area, six patient rooms, one lab area, one break room, two restrooms, storage space, and flexible administrative workspace. Central heating and air conditioning provide year-round comfort for staff and clients. The efficient floor plan allows for immediate occupancy by medical, wellness, therapy, dental, aesthetic, or other professional office users. The property includes four on-site parking spaces plus one ADA-compliant parking space, providing convenient access for patients, clients, and staff. Its prime location near Old Town Monrovia offers easy access to restaurants, retail amenities, public services, and the 210 Freeway. Zoned MOM (Manufacturing/Office Mixed Use) with Administrative and Professional Services permitted by right, the property is well suited for medical practices, healthcare providers, real estate firms, insurance agencies, law offices, accounting firms, consulting businesses, and other professional office operations. Buyer to independently verify zoning, permitted uses, and occupancy requirements with the City of Monrovia. Property Highlights • ±1,620 SF professional/medical office building • ±8,190 SF corner lot • Six patient rooms • One lab area • One break room • Reception and waiting area • Two restrooms • Central heating and air conditioning • Four parking spaces plus one ADA-compliant parking space • Alley access • Prime Monrovia location near Old Town • Excellent owner-user or investment opportunity • Suitable for medical, wellness, professional, and administrative office uses

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$741 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1908

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,191 SF

ZONING

MOM

APN/PARCEL ID

8508-007-032

ASK ABOUT THIS PROPERTY

Victor LiuLuxury Pv RealtyMore Info
310-654-8767

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Victor LiuLuxury Pv RealtyMore Info
310-654-8767

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.