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Opportunity Zone Mixed Use Retail/Residential 4010-4018 W Commonwealth Ave 5,246 SF Retail Building Fullerton, CA 92833 $4,187,604 CAD ($798.25 CAD/SF) 6.60% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Opportunity Zone
  • Busy Commonwealth Ave Traffic
  • Across the Street from Fullerton Airport
  • Retail Downstairs / Residential Upstairs

EXECUTIVE SUMMARY

Prime Mixed-Use Investment/Owner User Opportunity in Fullerton! Located in an Opportunity Zone directly across from the Fullerton Airport on bustling Commonwealth Avenue, this exceptional two-story commercial property offers a rare combination of retail, office and residential uses in one versatile package. The building features approximately 5,246 sq. ft. of total rentable space, offering multiple income streams and significant long-term upside potential. The property currently includes a tire shop and a high-visibility storefront spaces—ideal for retail, office, or service-based businesses seeking maximum exposure on a high-traffic corridor. The upper 4 units include full occupancy residential spaces. This is an outstanding opportunity for investors, owner-users, or developers looking to secure a well-positioned property in one of Orange County’s most dynamic commercial areas. With strong visibility, proximity to major transportation routes, and a diverse tenant mix, this property combines immediate cash flow potential with excellent long-term appreciation prospects.

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $375,223 $71.53
Other Income $1,675 $0.32
Vacancy Loss $18,761 $3.58
Effective Gross Income $358,137 $68.27
Taxes $53,743 $10.24
Operating Expenses $27,987 $5.33
Total Expenses $81,730 $15.58
Net Operating Income $276,408 $52.69

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income (CAD)
Annual $375,223
Annual Per SF $71.53
Other Income (CAD)
Annual $1,675
Annual Per SF $0.32
Vacancy Loss (CAD)
Annual $18,761
Annual Per SF $3.58
Effective Gross Income (CAD)
Annual $358,137
Annual Per SF $68.27
Taxes (CAD)
Annual $53,743
Annual Per SF $10.24
Operating Expenses (CAD)
Annual $27,987
Annual Per SF $5.33
Total Expenses (CAD)
Annual $81,730
Annual Per SF $15.58
Net Operating Income (CAD)
Annual $276,408
Annual Per SF $52.69

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,246 SF
Building Class
C
Year Built
1953
Price
$4,187,604 CAD
Price Per SF
$798.25 CAD
Cap Rate
6.60%
NOI
$276,532 CAD
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.04
Lot Size
0.12 AC
Opportunity Zone
Yes
Zoning
G-C (General Commercial) - General Commercial - G-C (General Commercial) Opportunity Zone
Frontage
40’ on COMMONWEALTH AVE

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Captured By Gabriela Photography
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -

Specializing in Newborn, Maternity, Family and Cake Smash portraits. I'm all about capturing genuine emotions, genuine smiles and sometimes even tears of joy. I want to show you the moment you looked into your baby's / child eyes and fell in love. Allow me to capture your greatest moments in life!

  • Orange County Tire Sales & Auto
  • Retailer
  • -
  • -
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Captured By Gabriela Photography Professional, Scientific, and Technical Services - - -
Orange County Tire Sales & Auto Retailer - - -

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 4010
  • 400 SF
  • Office/Retail
  • -
  • Now

Commercial unit available for lease on Commonwealth Ave. Contact David for further details.

  • 4012
  • 800 SF
  • Office/Retail
  • -
  • Now

There is opportunity for different build-out variations.

Space Size Space Use Position Available
4010 400 SF Office/Retail - Now
4012 800 SF Office/Retail - Now

4010

Size
400 SF
Space Use
Office/Retail
Position
-
Available
Now

4012

Size
800 SF
Space Use
Office/Retail
Position
-
Available
Now

4010

Size 400 SF
Space Use Office/Retail
Position -
Available Now

Commercial unit available for lease on Commonwealth Ave. Contact David for further details.

4012

Size 800 SF
Space Use Office/Retail
Position -
Available Now

There is opportunity for different build-out variations.

NEARBY MAJOR RETAILERS

Bear Flag Cross Fit
Islands
Starbucks
Albertsons
U.S. Bank
Sizzler
Gold's Gym
Bank of Hope

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
030-022-28
Land Assessment
$161,777 CAD
Improvements Assessment
$167,622 CAD
Total Assessment
$329,399 CAD
Annual Taxes
$53,743 CAD ($10.24 CAD/SF)
Tax Year
2025
  • Listing ID: 38362239

  • Date on Market: 2025-11-06

  • Last Updated:

  • Address: 4010-4018 W Commonwealth Ave, Fullerton, CA 92833

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