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301-317 W Foothill Blvd 24,329 SF Vacant Retail Building Monrovia, CA 91016 $15,000,000 ($616.55/SF)
EXECUTIVE SUMMARY
Prime Hotel for Sale. Hotel has 44 rooms available for services to include a liquor license and 5 retail frontage units that bring in approximately $6k a month. The property sits on 4 parcels with an approximately 58,432 sq.ft. of land and approximately 24,329 SF of building. There is a charming patio area in the rear section with water fountains and a pond, in need of some attention. The building sq. ftg. needs to be measured for Buyers accuracy. The parcels 19, 20, 21,& 22 lead to some confusion as parcels 20 & 21 are the only parcels with the structures two story square footage, the other parcels are, parking. There is also a basement sq. ftg. not included in the building sq. ftg. The Lobby is very charming and attached to the banquet room and a large kitchen area. There is also a second restaurant with bar, and offices, bathrooms and staircases. The property is in need of some attention to the interior. Built in 2025 over 100 years old. Call John, for showing.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
24,329 SF
Building Class
C
Year Built
1925
Price
$15,000,000
Price Per SF
$616.55
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.49
Lot Size
1.14 AC
Zoning
MOCG - LGZ3 This is a Charming Hotel and Grounds and is Historically Permitted. Encourage Interested Parties to check with the City.
Parking
47 Spaces (1.93 Spaces per 1,000 SF Leased)
Frontage
157’ on West Foothill Boulevard
AMENITIES
- Corner Lot
- Food Court
- Restaurant
- Security System
- Air Conditioning
Walk Score®
Very Walkable (88)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $572,596 | |
| Land Assessment | $1,336,083 | Total Assessment | $1,908,679 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,336,083
Improvements Assessment
$572,596
Total Assessment
$1,908,679
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301-317 W Foothill Blvd
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