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$4,500,000 Just Listed
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Property 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.
Full Property Details
Full Property Details for 218 W Commonwealth
General
- Price: $4,500,000
- Status: Active
- Type: Retail
- Source: MRMLS
- MLS ID: AR26088817
- Updated: 4/24/2026
- Added to Site: 1 day(s) ago
Rooms
Other Rooms
- Laundry: None
Location
- County: Orange
- Driving Directions: S/Chapman Ave, S/Harbor Blvd, N/Orangethorpe Ave
Structural Information
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 11841
- Square Feet: 11,841
- Current Bldg. Use: Commercial
- Year Built: 1948
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.48
- Useable Acres: .48
- Lot Size (Sq. Ft.): 20,909
- Lot Size Source: Assessor
- Lot Features: Level
- Lot Description: Level
Financial Considerations
- Price Per Sq. Ft.: $380
Disclosures and Reports
- Investment: Yes
- Property ID: 3224105
Listed by Re/Max Premier Prop Arcadia, FredAshkar and JohnAshkar
Get Pre-Approved Today
Schools
Schools serving 218 W Commonwealth
| Name | Grades | Distance |
|---|---|---|
Golden Hill School for Creative & Performing Arts 732 Barris Drive, Fullerton, CA 92832 | K-6 | 0.9 mi |
Nicolas Junior High School 1100 West Olive Avenue, Fullerton, CA 92833 | 7-8 | 1.1 mi |
Fullerton Union High School 201 East Chapman Avenue, Fullerton, CA 92832 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 218 W Commonwealth
Date
Details
Price
Change
Source
4/23/2026
Listed
$4,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 218 W Commonwealth
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,383
—
$865,169
2%
2024
$11,383
3%
$848,205
2%
2023
$11,090
1%
$831,574
2%
2022
$10,976
2%
$815,269
2%
2021
$10,796
1%
$799,284
-71%
2020
$10,727
2%
$2,800,000
261%
2019
$10,490
27%
$775,578
36%
2018
$8,273
2%
$569,506
2%
2017
$8,143
2%
$558,340
2%
2016
$7,989
3%
$547,393
2%
2015
$7,788
3%
$539,171
2%
2014
$7,580
1%
$528,610
—
2013
$7,518
—
$526,221
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 218 W Commonwealth
218 W Commonwealth, Fullerton, CA 92832 (MLS# AR26088817) is a Retail property. 218 W Commonwealth is currently listed for $4,500,000 and was received on April 23, 2026. Want to learn more about 218 W Commonwealth? Do you have questions about finding other Retail real estate for sale in Fullerton? You can browse all Fullerton real estate or contact a Coldwell Banker agent to request more information.

