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218 W Commonwealth Ave
Fullerton, CA 92832
Retail Property For Sale


Investment Highlights
- Excellent Fullerton Location
- Easy Access To Interstate I-5, 91 and 57 FWYS
- 2 Buildings
Executive Summary
Rare opportunity to acquire a vacant freestanding commercial property in the heart of Fullerton, offering immediate usability and strong redevelopment potential. Situated on a 0.48-acre lot, the property features two separate buildings totaling ±11,841 SF, providing a unique combination of retail frontage and functional back-end space: Building #1 (Front): ±7,841 SF retail/showroom space with strong street presence along Commonwealth Avenue. Building #2 (Rear): ±4,000 SF warehouse/flex space, ideal for storage, operations, or conversion to creative use. Building #1 Delivered vacant, this asset gives an owner-user full control to occupy, customize, or split the space for multiple uses. The dual-building layout also creates opportunities for partial lease-up, multi-tenant configuration, or phased redevelopment. Zoned C3-ROD (Restaurant Overlay District), the property supports a wide range of uses including restaurant, retail, fitness, medical, or adaptive reuse, making it especially attractive for buyers seeking both functionality and long-term upside. The site benefits from strong visibility and exposure, with over 17,000+ vehicles per day along Commonwealth Avenue, and offers convenient access to the I-5, 91, and 57 Freeways, ensuring excellent regional connectivity.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
7,841 SF
Building Class
C
Year Built
1948
Price
$4,500,000
Price Per SF
$573.91
Tenancy
Single
Building Height
1 Story
Building FAR
0.38
Lot Size
0.48 AC
Zoning
C 3-ROD - Commercial with Restaurant Overlay District
Amenities
- Signage
Property Taxes
| Parcel Number | 032-241-05 | Improvements Assessment | $624,893 |
| Land Assessment | $240,276 | Total Assessment | $865,169 |
Property Taxes
Parcel Number
032-241-05
Land Assessment
$240,276
Improvements Assessment
$624,893
Total Assessment
$865,169
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