263 W Ramsey Street
Banning, CA 92220

Description

For Sale or Lease. Call Listing Broker for leasing details. Great Commercial Corner Building on large lot in Down Town Banning, Ca. Down Town Commercial zoning allows for almost any commercial business use. (see attached zoning usages from City) There is plenty of parking on the site and plus on street Parking. The Auto Parts use has been operating on the site for more than 2 decades. The current Tenant will be moving to another location close by and the building will be delivered vacant at close of escrow. This is great for an owner/user or investor, priced at only $166 a square foot. The building can be used by a single Tenant or divided. The 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 approved in the future, if there was need for it. The building is being sold in "As Is" condition and Buyer is to satisfy himself of any and all conditions including square footage of building and land, usage, etc during Due Diligence inspection period. Approximately 3,582 proposed single family homes are to be built just across the 10 Freeway from the property. Banning is situated in the San Gorgonio Pass along Interstate Hwy 10, between Los Angeles and Palm Springs.Adjacent to Banning sits the $250,000,000 Morongo Casino Resort and Spa. Just across the street is the very successful Cabazon Desert hills Outlets that feature hundreds of the best known brands and Factory outlet stores.

Details

MLS#TR19065501
StyleRetail
Sub-TypeResale
StatusActive
Days On Site29

Features

SQ Feet6,000
Story(s)0

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:
$995,000
low | high
Med:
$269,000
100% of Average
SqFt:
6,000
low | high
Med:
1,505
100% of Average
$ / SqFt:
$166
low | high
Med:
$179
42.21856792267% of Average
On Site:
29
low | high
Med:
24
100% of Average
Nearby Listings (Within 1/2 mile)
Price: $0 - $0
SqFt: 4,500 - 7,500
Listing Updated: 04/22/2019
MLS Number: TR19065501
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.