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For SaleLuxury

$4,000,000

20,909 sqft$191/sqft36 days on market

218 W Commonwealth Ave

Fullerton, CA 92832

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

20,909

Square feet

1948

Built

Listing narrative

Description

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.

Listing agent (MLS): Fred Ashkar · Listing brokerage (MLS): Re/Max Premier Properties

Property Details

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Price

$4,000,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Retail

Home Size

20,909 sqft

Baths

Baths n/a

Lot Size

0.48 acres

Year

1948

Status

For Sale

Days on Market

36

$ / Sqft

$191

· 8% down, 7% APR, 30yr fixed
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Courtesy of Re/Max Premier Properties