For Sale
$998,000

248 Chestnut AveMonrovia, CA 91016

Modern Industrial Space, Excellent Access

Overview

Added:
Feb 3
Days on market:
61
This exceptional 1,912 square foot industrial condominium, situated on a 0.76-acre lot at 248 Chestnut Avenue in Monrovia, CA, presents a compelling investment opportunity. Completed in 2022 as part of a new development, this property boasts a robust concrete tilt-wall construction, offering durable and modern warehouse space. High ceilings, reaching up to 20.5 feet, provide ample vertical storage and operational flexibility. The unit is ideally suited for a variety of commercial uses, offering a blend of office and warehouse space to accommodate diverse business needs. Its strategic location within the San Gabriel Valley offers unparalleled convenience. The property enjoys proximity to major transportation arteries, including the I-210 and I-605 freeways, ensuring seamless logistics and efficient commutes. Furthermore, its walkable distance to downtown Monrovia provides easy access to local amenities and services. This turnkey industrial space represents a rare opportunity to acquire a modern, well-located asset in a thriving commercial market. The asking price is $998,000. This property is ready for immediate occupancy and offers significant potential for growth and return on investment.

Property Details for 248 Chestnut Ave

Property type
Industrial properties
Square Feet
1,912 SF
Lot Size (sq. ft)
33,106 SF

Location Insight

City
Monrovia
County
Los Angeles
State
California
Latitude
34.14227
Longitude
-118.0048
248 Chestnut Ave, Monrovia, California

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248 Chestnut Ave
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