For Sale Commercial MLS# AR26214651

218 W Commonwealth

Fullerton, CA 92832

$4,000,000

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About 218 W Commonwealth

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 details

Property

Type
Retail
MLS type
Commercial
Status
Active
Year built
1948
Stories
1
Living area
11,841 sqft
Price / sqft
$338
Lot
0.48
Original price
$4,500,000
MLS #
AR26214651

Exterior & lot

Construction
1

Schools

District
Fullerton Elementary School District

Utilities

Utilities
Public
Water
Public

Financial

Parcel
03224105
Special conditions
Standard

Location

Area
83 - Fullerton
County
Orange
Neighborhood
Downtown Fullerton
Directions
S/Chapman Ave, S/Harbor Blvd, N/Orangethorpe Ave

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Listed by Fred Ashkar, Re/Max Premier Properties

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.