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Flexible Office/Retail Space on Busy Street 649-655 W Commonwealth Ave 3,198 SF Vacant Office Building Fullerton, CA 92832 $2,211,022 CAD ($691.38 CAD/SF)



Investment Highlights
- High Exposure Building on Busy Street
- Corner Situated Building
- Multiple Units Offering Flexibility for Owner User / Investor
- Excellent Visibility with Strong Daily Traffic
- Located Minutes from Downtown Fullerton
- Stable Occupancy on Occupied Units
Executive Summary
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.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Building Size
3,198 SF
Building Class
C
Year Built
1952
Price
$2,211,022 CAD
Price Per SF
$691.38 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,198 SF
Building FAR
0.46
Lot Size
0.16 AC
Zoning
G-C General Commercial - G-C General Commercial
Permitted Uses Table: https://codelibrary.amlegal.com/codes/fullerton/latest/fullerton_ca/0-0-0-30198#JD_15.30.030.2
Parking
9 Spaces (2.81 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Lightworks
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
- Patrick's Music School
- Educational Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Lightworks | Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | - | |
| Patrick's Music School | Educational Services | 99,999 SF | $9.99 | Lorem Ipsum | - |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
A great space for office or an educational academy available for Lease! New paints and new floor paints throughout the space! Newew Luxury shades. Previous Tenant - Art School
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 800 SF | Office/Retail | - | Now |
1st Floor
| Size |
| 800 SF |
| Space Use |
| Office/Retail |
| Condition |
| - |
| Available |
| Now |
1 of 15
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 800 SF |
| Space Use | Office/Retail |
| Condition | - |
| Available | Now |
A great space for office or an educational academy available for Lease! New paints and new floor paints throughout the space! Newew Luxury shades. Previous Tenant - Art School
1 1
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 032-073-28 | Total Assessment | $1,524,763 CAD |
| Land Assessment | $909,770 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $614,993 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
032-073-28
Land Assessment
$909,770 CAD
Improvements Assessment
$614,993 CAD
Total Assessment
$1,524,763 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
1 of 29
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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Flexible Office/Retail Space on Busy Street | 649-655 W Commonwealth Ave
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