50 N 1st, Banning, CA 92220

$688,000

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List Price
$688,000
Status
ACTIVE
MLS#
IG26138023
Year Built
1964
Lot Size
6,534
Acres
0.15
Lot Location
Rectangular Lot
Days on Market
33
Property Type
Commercial
Property Sub Type
Retail

Property Description

6,400 sq. ft. building centrally located in Historic Downtown Banning with easy access to the 10 FWY. Walking distance to Banning City Hall, County of Riverside offices, Superior Court, shopping, dining and the historic Fox Theater. Building is also for lease at $4,500 + NNN per month. The property has a very tall facade (Great for signage and marketing) and high ceilings to match. The property has access to 60+ public parking spots on 1st Street as well as alley access in the back. Currently there is a month to month tenant operating a flooring store that can be given notice if wanted. Zoned Downtown Commercial (DC). Major new developments coming to the area including Vista Robles by KB Home: A new development on 65 acres, Atwell (Tri Pointe Homes): A massive master-planned community, Canterbury by Crestwood Communities: A large-lot neighborhood, and a new Wyndham hotel. All of these new projects will increase demand for retail and services in Downtown. Approximately 100,000 cars cross the 10 FWY by Banning exits on a daily basis. Banning high school is just across the freeway.

Additional Information

Heat
None
Water
Public
Attached Structure
Detached

Listing courtesy of Listing Agent: David Friedman (dfriedman@realicore.com) from Listing Office: REALICORE.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.