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Property Description
Prime retail/restaurant space located in the heart of Old Town Monrovia at the Northwest corner of Myrtle and Colorado. Formerly a bank branch. Possible to divide to 1,425 SF and 1,710 SF or lease entire 4,091 SF together. The 1,425 SF proposed space is ideal for retail and professional service uses such as clothing stores, real estate, insurance, banking, toy store, etc. The 1,710 SF proposed space is ideal for restaurant use with a corner location. It has a patio area possible to use for outdoor seating with city approval. It has 2 restrooms, kitchen and mostly open floor plan. This building has windows along the front with great natural light, high ceilings, excellent visibility along Myrtle and patio area as bonus space. Here is the breakdown for the availability and pricing:
1,425 SF retail space: $2.25 PSF NNN
1,710 SF restaurant space: $2.25 PSF NNN
Entire 4,091 SF space: $2.00 PSF NNN
NNN Expenses: Estimated $0.41 PSF
Located in Old Town across from Mikomi Sushi and a new Chinese restaurant under construction. It enjoys parking in the Colorado Commons structure directly behind the building as well as ample free street parking.
Full Property Details
Full Property Details for 535 S Myrtle Ave
General
- Status: Active
- Type: Commercial Lease
- Source: MRMLS
- MLS ID: AR25157442
- Updated: 12/30/2025
- Days on Market: 186 days
- Added to Site: 186 day(s) ago
Location
- County: Los Angeles
- Driving Directions: Located at the Northwest corner of Myrtle and Colorado
Structural Information
- Entry Floor Number: 1
- Stories/Levels: 2
- Building Size: 4091
- Square Feet: 4,091
- Year Built: 1911
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.2676
- Useable Acres: .2676
- Lot Size (Sq. Ft.): 11,656
- Lot Size Source: Assessor
- Lot Features: Near Public Transit, Walkstreet
- Lot Description: Near Public Transit, Walking Street
Disclosures and Reports
- Property ID: 8516023028
Listed by Top Commercial Realty, Inc, LindaVidov
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Schools
Schools serving 535 S Myrtle Ave
School District:Monrovia Unified School District
| Name | Grades | Distance |
|---|---|---|
Monroe Elementary School, Monrovia, CA 402 West Colorado Boulevard, Monrovia, CA 91016 | K-5 | 0.4 mi |
Santa Fe Computer Science Magnet 148 West Duarte Road, Monrovia, CA 91016 | 6-8 | 1 mi |
Monrovia High School 845 West Colorado Boulevard, Monrovia, CA 91016 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Estimate the Cost
Estimate the Cost for 535 S Myrtle Ave
535 S Myrtle Avenue, Monrovia, CA 91016 (MLS# AR25157442) is a Commercial Lease property. 535 S Myrtle Avenue is currently listed for and was received on July 14, 2025. Want to learn more about 535 S Myrtle Avenue? Do you have questions about finding other Commercial Lease real estate for sale in Monrovia? You can browse all Monrovia real estate or contact a Coldwell Banker agent to request more information.

