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Opportunity Zone Mixed Use Retail/Residential 4010-4018 W Commonwealth Ave 5,246 SF Retail Building Fullerton, CA 92833 $4,169,814 CAD ($794.86 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 $373,629 $71.22
Other Income $1,668 $0.32
Vacancy Loss $18,681 $3.56
Effective Gross Income $356,616 $67.98
Taxes $53,515 $10.20
Operating Expenses $27,868 $5.31
Total Expenses $81,383 $15.51
Net Operating Income $275,233 $52.47

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income (CAD)
Annual $373,629
Annual Per SF $71.22
Other Income (CAD)
Annual $1,668
Annual Per SF $0.32
Vacancy Loss (CAD)
Annual $18,681
Annual Per SF $3.56
Effective Gross Income (CAD)
Annual $356,616
Annual Per SF $67.98
Taxes (CAD)
Annual $53,515
Annual Per SF $10.20
Operating Expenses (CAD)
Annual $27,868
Annual Per SF $5.31
Total Expenses (CAD)
Annual $81,383
Annual Per SF $15.51
Net Operating Income (CAD)
Annual $275,233
Annual Per SF $52.47

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
$4,169,814 CAD
Price Per SF
$794.86 CAD
Cap Rate
6.60%
NOI
$275,357 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
  • 300 SF
  • Office/Retail
  • -
  • Now

- Unit 4010 has approximately 300 SF available - $800 per month base rent, plus estimated monthly expenses - 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

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

- Unit 4012 offers approximately 820 SF at $2,500/month plus estimated monthly expenses - 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
4010 300 SF Office/Retail - Now
4012 820 SF Office/Retail - Now

4010

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

4012

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

4010

Size 300 SF
Space Use Office/Retail
Position -
Available Now

- Unit 4010 has approximately 300 SF available - $800 per month base rent, plus estimated monthly expenses - 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

4012

Size 820 SF
Space Use Office/Retail
Position -
Available Now

- Unit 4012 offers approximately 820 SF at $2,500/month plus estimated monthly expenses - 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
$159,057 CAD
Improvements Assessment
$164,803 CAD
Total Assessment
$323,861 CAD
Annual Taxes
$53,515 CAD ($10.20 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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