316 Chestnut AveMonrovia, CA 91016
- Manufacturing properties
- 12,080 SF
Property Details for 316 Chestnut Ave
- Year built
- 1961
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.55 AC
- Property size (Sq ft)
- 12,080 SF
- Zone code
- MOM*
- Property type
- Manufacturing properties
- APN
- 8506-004-027
- APU
- 8506004027
Description
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.
Location Insight
- City
- Monrovia
- County
- Los Angeles
- State
- California
- Latitude
- 34.1423
- Longitude
- -118.006
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].