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Opportunity Zone Mixed Use Retail/Residential 4010-4018 W Commonwealth Ave 5,246 SF Retail Building Fullerton, CA 92833 $4,100,997 CAD ($781.74 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 $367,463 $70.05
Other Income $1,640 $0.31
Vacancy Loss $18,373 $3.50
Effective Gross Income $350,730 $66.86
Taxes $52,631 $10.03
Operating Expenses $27,408 $5.22
Total Expenses $80,039 $15.26
Net Operating Income $270,691 $51.60

Financial Summary (Pro Forma - 2025)

Gross Rental Income (CAD)
Annual $367,463
Annual Per SF $70.05
Other Income (CAD)
Annual $1,640
Annual Per SF $0.31
Vacancy Loss (CAD)
Annual $18,373
Annual Per SF $3.50
Effective Gross Income (CAD)
Annual $350,730
Annual Per SF $66.86
Taxes (CAD)
Annual $52,631
Annual Per SF $10.03
Operating Expenses (CAD)
Annual $27,408
Annual Per SF $5.22
Total Expenses (CAD)
Annual $80,039
Annual Per SF $15.26
Net Operating Income (CAD)
Annual $270,691
Annual Per SF $51.60

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
$4,100,997 CAD
Price Per SF
$781.74 CAD
Cap Rate
6.60%
NOI
$270,813 CAD
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.00
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
  • -
  • -
  • -

Spécialisé dans les portraits de nouveau-nés, de maternité, de famille et de Cake Smash. Je veux capturer des émotions authentiques, des sourires authentiques et parfois même des larmes de joie. Je veux vous montrer le moment où vous avez regardé dans les yeux de votre bébé ou de votre enfant et que vous êtes tombé amoureux. Permettez-moi de capturer vos plus beaux moments de la vie !

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

- Unit 4012 offers approximately 890 SF at $2,850/month NNN. - Landlord open to tenant improvements or a negotiable free rent credit - Tenant responsible for utilities, excluding water, trash, and street cleaning - Additional parking may be available for a fee through the airport lot across the street - Property is also listed for sale - Tenant to receive a right of first refusal to lease the rear portion of Unit 4010 if it becomes available

Space Size Space Use Position Available
4012 890 SF Office/Retail - Now

4012

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

4012

Size 890 SF
Space Use Office/Retail
Position -
Available Now

- Unit 4012 offers approximately 890 SF at $2,850/month NNN. - Landlord open to tenant improvements or a negotiable free rent credit - Tenant responsible for utilities, excluding water, trash, and street cleaning - Additional parking may be available for a fee through the airport lot across the street - Property is also listed for sale - Tenant to receive a right of first refusal to lease the rear portion of Unit 4010 if it becomes available

Nearby Major Retailers

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

Property Taxes

Property Taxes

Parcel Number
030-022-28
Land Assessment
$156,899 CAD
Improvements Assessment
$162,567 CAD
Total Assessment
$319,466 CAD
Annual Taxes
$52,631 CAD ($10.03 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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