I looked into distrobox and checks all the boxes but there is the issue of my lack of storage space(currently only 130 GB left out of 240)
It can definitely fill up space if you’re not careful. Just ensure that only the minimal amount of containers and their respective images are on the system.
I would assume one container each for Ubuntu and Arch should suffice for most people. Sure; this will likely take up to 10 GB of extra storage in total (eventually), but foregoing this solution means that you’d likely have to settle for Arch (because of the AUR) or something like Gentoo (because no other distro does compiling and building from source like Gentoo does).
If you feel particularly adventurous, you could also consider Nix and/or NixOS; though you’d have to ensure that said packages are available as a nixpkg. Nix can also be installed on Fedora; consider Determinate Systems’ installer for that*.