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About This Home

This 0-bedroom, 0-bathroom commercial at 218 W Commonwealth in Fullerton, CA is listed for $4,500,000 ($380 per sqft). Built in 1948, the home offers 11,841 sqft of living space on a N/A lot.

Agent 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.

Key Features

  • Built in 1948

Property Details

1948

Monthly Cost Estimate

$24,067/mo

20% down · 6.5% · 30 years

Principal$3,254
Interest$19,500
Insurance$1,313

Estimates only. Actual payments may vary.

Location

218 W Commonwealth

Fullerton, CA 92832

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 218 W Commonwealth is listed at $4,500,000 ($380/sqft). The estimated monthly payment is $19,500 based on 20% down at 6.5% interest.

Key features include: Built in 1948.

This property is listed by Fred Ashkar and can be reached at 8186814975 or Fred@FredAshkar.com.

FA

Fred Ashkar

Agent at Re/Max Premier Prop Arcadia

(818) 681-4975

Listed by Re/Max Premier Prop Arcadia · View on Broker Site

MLS# AR26088817· Source: listhub· Updated 39 days ago

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218 W Commonwealth, Fullerton, CA 92832

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