$1,100,000
$1,029,400
6.9%For more information regarding the value of a property, please contact us for a free consultation.
3,120 SqFt
SOLD DATE : 04/30/2021
Key Details
Sold Price $1,100,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 3,120 sqft
Price per Sqft $352
MLS Listing ID PW21051658
Sold Date 04/30/21
HOA Y/N No
Year Built 1949
Lot Size 7,405 Sqft
Acres 0.17
Property Description
Dream ERE is pleased to present the opportunity to acquire 530 W. Commonwealth Ave, a fee simple
interest (land and building) investment opportunity centrally located in the heart of Downtown Fullerton for
an owner-user / NNN investment. This fantastic building rarely on the market, is approximately 3,120sf in
a 7,280sf lot with fenced secure parking. Within walking distance to the vibrant Downtown
Fullerton, which features a mixture of restaurants, retailers, medical offices and office professional
buildings, MetroLink, City Hall, Fullerton Public Library and Community Center.
The 530 W .Commonwealth Ave Building is ideally located in one of Fullerton’s premier intersections near
Harbor Boulevard (40,000 vehicles per day), Commonwealth Avenue (16,100 vehicles per day) and
Euclid Boulevard (35,100 vehicles per day) with a total of over 91,200 vehicles passing the intersections
daily. Zoned for G-C, this Building is suitable for a myriad of permitted uses such as a Professional
Office, Medical Building, Dental Office, Retail Store and more.
The 530 W. Commonwealth Ave Building is the perfect opportunity to own a property within a C-3 zoned
area that provides long term development potential for a mixed-use project (commercial and residential)
and numerous other immediate trade area advantages including a new condominium being built in the
next block
Location
State CA
County Orange
Area 83 - Fullerton
Zoning G-C
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Heating Natural Gas
Cooling Central Air, Zoned
Fireplace No
Laundry None
Exterior
Fence Good Condition
Community Features Park
Utilities Available Electricity Available, Phone Available, Sewer Available, Water Available
Total Parking Spaces 10
Building
Lot Description Near Park, Near Public Transit
Story 1
Water Public
Others
Tax ID 03208227
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with Nick Tezak • NONMEMBER MRML
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CEO | DRE# SA695240000 | DRE# 02100184