Listing provided courtesy of Thomas J. Lee of Prime Properties & Associates. Last updated 2024-11-24 09:15:25.000000. Listing information © 2024 CRMLS.
Asking Price: $998,000
3515 Commonwealth, Fullerton CA 92833
Community: 83 - Fullerton
Status: Active Under Contract
This Single Family Residence property was built in 1949 and is priced at $998,000. Please see the additional details below.
This commercial-zoned property on Commonwealth Avenue in Fullerton presents a valuable opportunity. Situated near Fullerton Municipal Airport and designated as C-G (General Commercial) zone*, the property encompasses a 1,289 sq. ft. single-family residence on a 9,115 sq. ft. commercial lot. It offers potential for various business ventures, including general offices, acupuncture, educational or religious institutions, retail spaces, and art studios, although the buyer must submit a development plan prepared by their architect. The location benefits from heavy traffic and proximity to the 5 and 91 freeways, ensuring convenient access. The existing single family house, which has been recently renovated, comprises three bedrooms and one and a half bathrooms, and there is ample backyard space available for potential ADU development. This presents an excellent chance to establish a foothold in a dynamic community.