263 W Ramsey Street, Banning, 92220

REDUCED 12% Commercial - Retail For Sale

$875,000

Beds
Baths
Sqft
.38Acres
Built
423DOM
MLS® #: TR19065501
Active, 423 Days on Market

Property is also for Lease, CRMLS Commercial Lease Listing #TR19217725. Call Broker for all lease incentives and details. Great 6,000 Sq. Ft. open span (no inside bearing walls) Commercial Building on large corner lot. Great for any business that requires all open space inside the building.The Building has just been painted inside and out and the parking lot has been newly sealed and is handicap compliant. Down Town Commercial zoning allows almost any business use, such as Convenience store, Restaurant, Fast Food, Gym/Fitness Center, laundromat, Sport Center, Billiard Parlor, Medical Offices etc. (see attached zoning usages from City) The Demographics, from the City, show that the largest population is Hispanic, 44.3%. There is a need for a Hispanic Market, Restaurant, Etc. Plenty of parking on the site and the street. Great for an owner/user or investor. Owner also, has a verbal city approval of a 1,500 to 2,000 sq. ft. addition to the building, (see attached drawings,) which could possibly be approved in the future. Buyer to satisfy himself of any and all conditions including, square footage of building and land, usage, etc during Due Diligence inspection period. Per the City, Approximately 3,582 proposed single family homes are to be built just south,across the 10 Freeway. Banning is situated on the I-10 Freeway, between Los Angeles and Palm Springs. Adjacent to Banning sits the $250,000,000 Morongo Casino Resort and very successful Cabazon Desert Hills Factory Outlets.

Essential Information

MLS® #: TR19065501
Price: $875,000
Acres: 0.38
Type: Commercial
Sub-Type: Retail
Status: Active

Community Information

Address: 263 W Ramsey Street
Area: Banning/Beaumont/Cherry Valley (263)
City: Banning
County: Riverside
State: CA
Zip Code: 92220

Amenities

Parking Spaces: 25

Exterior

Lot Description: Lot 10000-19999 Sqft

Additional Information

Date Listed: March 24th, 2019
Days on Market: 423

Listing Details

Listing Agent: Todd Chiriano(00699127)
Listing Office: American Federal Properties

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Listing information last updated on June 5th, 2020 at 12:00pm PDT.

Based on information from California Regional Multiple Listing Service, Inc. as of June 5th, 2020 at 11:32am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.