316 Chestnut AveMonrovia, CA 91016

This exceptional Monrovia, CA retail property, located at 316-320 W Chestnut Ave, 91016, presents a unique investment opportunity. The 26,970 square foot building sits on a 32,323 square foot lot and boasts 20,080 square feet of net rentable space. Currently operating at 100% occupancy as a single-tenant Wine of the Month Club, this property offers a diverse range of alcohol licenses, including wine manufacturing and tasting (winery located in Sonoma), beer and wine importing/exporting, distilled spirits importing/exporting, beer and wine wholesaling, distilled spirits wholesaling, and retail beer and wine and distilled spirits sales. Built in 1961, the single-story building is zoned MOM and includes 28 parking spaces. The asking price is $11,000,000, translating to $407.86 per square foot. This owner-user investment opportunity is a rare find in Los Angeles County, offering significant potential for continued growth and profitability. The property features one building with a total of 26,970 square feet. The property is offered for sale by owner. The APN is 8506-004-002, -027. There is no ground lease.