242 Commonwealth Ave Fullerton, CA 92832
- Gas stations
- 260 SF
- 0.31 lot acres
Current Use by Public Records
- Star Certified Smog Check Station / Smog Inspection Station / Car Inspection Station
- Rollings Automotive / Smog Inspection Station / Auto Repair Shop
Property Details for 242 Commonwealth Ave
- Year built
- 1973
- Lot size
- 0.31 lot acres
- Property size
- 260 SF
- Property type
- Gas stations
- APN
- 033-032-26
- APU
- 3303226
Description
This exceptional 13,504 square foot commercial land parcel, located at 242 E Commonwealth Avenue in Fullerton, California (APN 033-032-26), presents a compelling investment opportunity. Zoned SPD, this property boasts a highly visible corner location at the signalized intersection of Commonwealth and Lemon Streets, ensuring excellent exposure for any future development. The site's previous use as a convenience store and gas station (gas station use is no longer permitted) makes it ideally suited for a variety of commercial ventures. The property's prime location offers significant advantages, including proximity to the Fullerton Transportation Center and the amenities of Downtown Fullerton, enhancing its appeal to potential businesses and customers. This is a rare chance to acquire a substantial parcel of land in a thriving area, perfect for projects requiring high visibility and convenient access. The site's potential uses include, but are not limited to, drive-thru businesses and EV charging stations. This is a remarkable opportunity to capitalize on the strong demand for commercial development in this desirable Fullerton location. The asking price is $2,100,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fullerton
- County
- Orange
- State
- California
- Longitude
- -117.92
- Latitude
- 33.87
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
