242 W Commonwealth Ave - Auto Repair FOR SALE


Fullerton, CA 92832- Downtown Fullerton
$7,675,000 USD
661-212-0808
242 W Commonwealth Ave, Fullerton, CA for Sale
$7,675,000 USD
Auto Repair - FOR SALE
1/34
null | Request Cap Rate

NEW


242 W Commonwealth Ave
Fullerton, CA 92832
Downtown Fullerton


HIGHLIGHTS

  • Established Auto Repair Business & Real Estate Offered Together
  • ±6,884 SF Freestanding Automotive Building
  • High-Visibility Location Along a Major Fullerton Commercial Corridor
  • Long-Term Lease for Adjacent Parking Area Included
  • Ideal for Owner-User Automotive Operators

OVERVIEW

Stratton Commercial Real Estate is pleased to present 242 W. Commonwealth Avenue, Fullerton, CA, a rare opportunity to acquire an established auto repair business together with the real property. This ±6,884 square foot building is situated on a ±6,970 square foot lot with prominent frontage along Commonwealth Avenue, offering outstanding visibility and ease of access. Positioned just off the signalized corner of Commonwealth Avenue and Highland Avenue, the property enjoys consistent vehicle traffic and close proximity to Downtown Fullerton. In addition to the on-site improvements, the offering includes the benefit of a long-term lease for the adjacent parking area, providing valuable supplemental parking and operational flexibility for the business. Zoned C-3-ROD (Central Business District Commercial with Residential Overlay District), the site is ideal for continued automotive use while also offering compelling future redevelopment potential, subject to city approvals. This offering presents a rare opportunity for an owner-user to acquire an established auto repair business together with a strategically located commercial property in the heart of Fullerton. For more information or to schedule a private tour, please contact Shaun Tramondo.

FOR SALE DETAILS

PRICE

$7,675,000 USD

PRICE/SF

$1,426 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1922

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,000 SF

ZONING

C-3-ROD

APN/PARCEL ID

032-241-02

ASK ABOUT THIS PROPERTY

Shaun TramondoStratton Commercial Real Estate, Inc.More Info
661-212-0808

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Shaun TramondoStratton Commercial Real Estate, Inc.More Info
661-212-0808

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.