$1,250,000
( $413.09Per Sq Foot )
 $6,710 est/mo Sourced by Back At You

116 W Ramsey Street,Banning, CA 92220

Banning, CA 92220

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Description

Welcome to an extraordinary opportunity to own a piece of history! This iconic Chinese Food Restaurant has been a staple in the heart of Historic Downtown Banning for over 37 years. This long-standing establishment boasts a prime location within walking distance of City Hall, Courthouse, Police Department, shops, and restaurants, ensuring maximum visibility and customer reach with heavy vehicle and foot traffic. This exact location will be the epicenter for the New Downtown Revitalization Project scheduled to start construction soon. The beautifully maintained commercial building spans approximately 4000 sq ft, providing ample space for both dining and kitchen operations. The kitchen is equipped with well maintained appliances, including a wash station, storage room, walk-in freezer, prep station, and more. Enjoy a prominent position on a bustling street, attracting both locals and visitors alike. A strategically placed sign ensures high visibility, creating a strong presence in the community. Immerse yourself in a well-planned layout featuring meticulously maintained booths, tables, and chairs. Each element contributes to the overall ambiance of the dining space. With over five decades of operation, this restaurant carries a legacy and reputation for delivering delicious Chinese cuisine. The property's versatility allows for continued use as a Chinese restaurant or the opportunity to introduce a new culinary concept. Immerse yourself in the rich history of this business and become the next steward of this culinary legacy! Don't miss the chance to own a well-established restaurant in a prime downtown location. Contact us today to schedule a private viewing.

Details

MLS#EV23217707
Listing TypeFor Sale
StyleSpecial Purpose
Sub-TypeResale
StatusActive
Year1936
Days On Site518
Listing Provided ByBerkshire Hathaway Homeservices California Realty 909-273-6020 | BENJAMIN ESCALERA

Features

SQ Feet3,026
Story(s)1
Building(s)1
Acreage0.10

Market Activity 92220

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.

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Listings Checked: 2 seconds ago
StateCA
CountyRiverside
CityBanning
Zip Code92220
Area263 Banning | Beaumont | Cherry Valley
Listing VS Median (in 92220)
Price:
$1,250,000
low | high
Med:
$1,255,000
49.6% of Average
SqFt:
3,026
low | high
Med:
2,223
76.536682088566% of Average
$ / SqFt:
$413
low | high
Med:
$650
7.401690140845% of Average
On site:
518
low | high
Med:
277.500000
100% of Average
Sourced by Back At You
Listing Updated: January 13, 2025 at 8:36:29 PM PST