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129 W Commonwealth Ave
Fullerton, CA 92832
Retail Property For Sale
PROPERTY FACTS
ABOUT 129 W COMMONWEALTH AVE , FULLERTON, CA 92832
Owner/user or investment opportunity •Irreplaceable street front retail- Rare opportunity to purchase a high street retail property on Commonwealth Blvd. Very few properties trade in Downtown Fullerton making it ideal for a long-term hold •Own Versus Lease—An owner/user can take advantage of the historically low interest rate SBA financing, the tax benefits of ownership, in addition to equity appreciation and principal paydown •Lease up into a high-quality investment—An investor can purchase the property and after adding value, will have an above market cap rate Excellent real estate fundamentals •Ideally situated--High traffic location close to California State Fullerton University with 19,000 cars per day on Commonwealth Blvd •Flexible Zoning—The property’s commercial zoning allows for many potential uses food and office use •Tight Submarket—Downtown Fullerton has a historically low vacancy and there is limited available space in the area
PROPERTY TAXES
| Parcel Number | 032-234-33 | Improvements Assessment | $527,000 |
| Land Assessment | $2,231,039 | Total Assessment | $2,758,039 |
PROPERTY TAXES
