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$149,000 Just Listed
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Property Description
This fully remodeled, turnkey restaurant is located at the high-traffic intersection of Commonwealth Ave and Chapman Ave in Fullerton, within walking distance of two major universities. The location benefits from strong foot traffic, a dense student population, and excellent visibility.
A major demand driver is on the way: beginning October 2025, a large student housing development known as HUB is being constructed directly across the street, with additional dorm projects expected to be completed soon. Once completed, over three thousand students will be living within steps of the restaurant, creating significant upside potential.
The property includes a large parking lot with free two-hour parking for restaurant customers.
The current owner is willing to provide training and introduce all existing vendors to ensure a smooth transition for a buyer who wishes to continue the current concept. The space is also well-suited for conversion to a different restaurant concept, offering flexibility for an owner with a new vision.
With low rent and strong location fundamentals, this business is ideal for a hands-on owner-operator seeking increased profitability.
Growth Opportunities:
Increased short-form advertising and consistent marketing across social media platforms (Instagram, TikTok, Google)
Capitalizing on the upcoming student housing development across the street
Extended hours or menu optimization to capture student demand
Reason for Sale:
Owner is relocating, making it more difficult to commute to and operate the business.
Full Property Details
Full Property Details for 565 N Commonwealth Ave
General
- Price: $149,000
- Status: Active
- Type: Business
- Source: MRMLS
- MLS ID: CV26027596
- Updated: 2/10/2026
- Days on Market: 1 days
- Added to Site: 6 day(s) ago
Business
- Business Type: Restaurant
- Year Established: 2024
Location
- County: Orange
- Driving Directions: Corner of Chapman and Commonwealth Ave
Disclosures and Reports
- Property ID: 33811219
Listed by Real Estate Ebroker, Inc., ShahidRana
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Schools
Schools serving 565 N Commonwealth Ave
| Name | Grades | Distance |
|---|---|---|
Commonwealth Elementary School 2200 East Commonwealth Avenue, Fullerton, CA 92831 | K-6 | 0.6 mi |
Ladera Vista Junior High School 1700 East Wilshire Avenue, Fullerton, CA 92831 | 7-8 | 0.7 mi |
Troy High School 2200 Dorothy Lane, Fullerton, CA 92831 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 565 N Commonwealth Ave
Date
Details
Price
Change
Source
2/05/2026
Listed
$149,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 565 N Commonwealth Ave
565 N Commonwealth Ave, Fullerton, CA 92831 (MLS# CV26027596) is a Business property. 565 N Commonwealth Ave is currently listed for $149,000 and was received on February 05, 2026. Want to learn more about 565 N Commonwealth Ave? Do you have questions about finding other Business real estate for sale in Fullerton? You can browse all Fullerton real estate or contact a Coldwell Banker agent to request more information.

