List Search

534 S Myrtle Ave
Monrovia, CA 91016

Rate Upon Request

Restaurant For Lease

Property Details

  • Property Type Restaurant
  • Year Built 1958
  • Total Building Size 10,816 SF
  • Tenancy Multiple
  • Building Class B
  • Zoning MOCD*
30 Transit Score
80 Walk Score

Description

The Old Monrovia Restaurant was a staple to Monrovia for decades and this location is now available for lease.  With an A+ location in the heart of Old Town Monrovia comes with a fully operational kitchen and pizza oven along with all of the tables, chairs, plates, utensils, computers, ipads and TVs.  Everything left by the previous owners is included in the lease.  The full 47 liquor license can also be transferred into the new lessee's name.   The current owners just installed 7 brand new 3 phase HVAC systems and recoated the entire roof with silicone that repelled those California storms with ease.  The owner would prefer to lease the entire space to a single tenant.  This space can accomadate catering, events and a flag ship restaurant.

Highlights

Turnkey Restaurant or Value-Add Retail In the heart of Old Town Monrovia on Myrtle Ave & Colorado Blvd!
Newly installed full-service bar and top of line equipment including Pizza & Bakery Ovens that will be included in the lease.
Significant amounts of capital expenditures have been made to rehab and equip the property (estimated ±$450,000).
Unique Two-Story Restaurant/Bar with great views in Old Town Monrovia!
Catering
Second Floor Event Space with Built in Bar

Property Flyers

Amenities

  • Bus Line
  • Corner Lot
  • Restaurant
  • Security System
  • Signage
  • Signalized Intersection
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
El Monte (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) 12 min - 6.2 mi
Baldwin Park (San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) 12 min - 6.5 mi
AirportDriveWalkDistance
Bob Hope 33 min - 25.9 mi
Ontario International 37 min - 28.6 mi
Long Beach (Daugherty Field) 41 min - 32.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 27
Type: Surface
Included in Rent: Yes