$975,000

263 W Ramsey Street

Banning CA, 92220

Description

The Property is also for lease, CRMLS Listing #TR20121721. The Property is in one of the California "Opportunity Zones". (For information from the City of banning go to http://www.banning.ca.us/592/Opportunity-Zones) Beautiful 6,000 Sq. Ft. open span (no inside load bearing walls or poles) Commercial Building on a large corner lot. Great for any Business that requires all open space inside of the Building. The Building has just been painted inside and out and the parking lot has been newly sealed and is Handy Cap compliant. Down Town Commercial Zoning allows for almost any Commercial Business use, such as Convenience Store, Restaurant, Fast food, Gym/Fitness Center, Billiard parlor, Medical Offices etc. (See attached zoning uses from City) (Also see attached Demographics from City). There is plenty of parking on the site and the street. Great for an Owner/User or an Investor. Owner has verbal approval for 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 all aspects of the property including, zoning, usage, Sq. Ft. of land and Building, Year Built, assessments etc. during Due-Diligence period of escrow. Per City:Approximately 3,582 proposed new single family homes to be built, just across the I-10 Freeway. Banning is situated between Los Angeles and Palm Springs, just adjacent to the $250,000,000 Morongo Casino Resort and Cabazon Desert hills Factory Outlets.

Details

MLS#TR20121706
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Days On Site208

Features

SQ Feet6,000

Market Activity 92220

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Area Information
StateCA
CountyRiverside
CityBanning
Zip Code92220
Area263 - Banning/Beaumont/Cherry Valley
Listing VS Median (in 92220)
Price:
$975,000
low | high
Med:
$267,500
100% of Average
SqFt:
6,000
low | high
Med:
444
100% of Average
$ / SqFt:
$163
low | high
Med:
$149
58.177408177408% of Average
On Site:
208
low | high
Med:
89.500000
100% of Average
Listing Updated: December 14, 2020 2:38:20 AM PST
Todd Chiriano LogoMLS Number: TR20121706
Listing Provided By:
Todd Chiriano  of  American Federal Properties
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.