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506 S Myrtle Ave Monrovia, CA 91016
2,360 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,360 sqft
Price per Sqft $762
MLS Listing ID 25542339
Year Built 1914
Lot Size 2,805 Sqft
Acres 0.0644
Property Description
Nestled in the heart of Old Town Monrovia, 506 South Myrtle Avenue offers a unique opportunity to own a piece of a highly cherished and historically vibrant downtown. This 2,360 square foot retail store, currently operating as Stinky Boba, a boba operation, sits along one of the San Gabriel Valley's most walkable main streets, where tree-lined sidewalks, preserved architecture, and locally owned shops reflect a community deeply rooted in pride and tradition. The property enjoys exceptional visibility and steady foot traffic, surrounded by beloved restaurants, family-run businesses, and a calendar full of community events that draw loyal local crowds year-round. With close proximity to the Metro Gold Line and the 210 Freeway, the location balances small-town atmosphere with regional accessibility. Current owner has spent ~$350,000 on renovations & high grade equipment: New roof coating, brand new air conditioning units (Daiken), brand new commercial grade kitchen, brand new restrooms, and more! With minimal upfront investment, this turnkey restaurant space is ideally positioned to attract tenants seeking low startup costs. Given its fully built-out, ready-to-operate condition, the property also allows ownership to command premium rental rates in a highly desirable location. Ideal for owner-users or investors seeking long-term value in a submarket where properties rarely trade hands, 506 S Myrtle represents not just a sound investment but a place in one of Southern California's most authentic downtown experiences. The Stinky Boba business may be included in the sale, but is not required. Contact listing agent for more details!
Location
State CA
County Los Angeles
Area Monrovia
Zoning MOCD*
Exterior
Garage Spaces 1.0
Building
Story 1
Others
Special Listing Condition Standard
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Listed by Keller Williams Beverly Hills