649 655 W Commonwealth, Fullerton, CA 92832

$1,590,000

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List Price
$1,590,000
Status
ACTIVE
MLS#
PW26054845
Year Built
1952
Lot Size
6,920
Acres
0.16
Lot Location
Corner Lot, Front Yard, Lawn, Landscaped
Days on Market
127
Property Type
Commercial
Property Sub Type
Retail

Property Description

Positioned on a prominent corner lot along the highly traveled W. Commonwealth Avenue, this exceptional commercial property at 649–655 W. Commonwealth Ave offers a rare opportunity to acquire a high-exposure asset in one of Fullerton’s most active business corridors. Benefiting from dual street frontage, excellent visibility, and strong daily traffic counts, this property is ideally suited for a variety of commercial uses. Its corner positioning significantly enhances exposure and accessibility, making it highly attractive for both tenants and businesses seeking maximum presence. Located just minutes from Downtown Fullerton, the property is surrounded by a vibrant mix of retail, dining, and residential neighborhoods, providing consistent foot traffic and a strong customer base. A standout feature of the property is its long-standing music school tenant, operating successfully at this location for over 20 years. This established tenant provides stable occupancy, recurring customer traffic, and strong community recognition, serving as an anchor-type tenant that enhances the property's overall value and stability. The property consists of multiple units, offering flexibility for multi-tenant income, owner-user occupancy, or future repositioning opportunities. Investors will appreciate the existing tenant stability, while owner-users can capitalize on the high-visibility location. Additional highlights include convenient access to major freeways and transportation routes, making the property easily accessible for customers, clients, and employees. This is a rare opportunity to acquire a corner lot commercial asset with strong visibility, established tenancy, and long-term upside potential in the thriving Fullerton market.

Additional Information

Taxes
$12,224
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Exterior Construction
Stucco
Roof
Shingle
Water
Public
Attached Structure
Detached
Number Of Units Total
3
Gross Scheduled Income
$83,878

Listing courtesy of Listing Agent: Halo You (haloyou0124@gmail.com) from Listing Office: T.N.G. Real Estate Consultants.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.