Homes for sale - 116 W Ramsey ST, Banning, CA 92220

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Ernie Caponera

ernie@newport-properties.com +1(714) 606-0926

$1,250,000

Est. payment - /mo

4,356 Sqft Lot

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UPDATED:

01/14/2025 01:48 AM

Key Details

Property Type Commercial

Sub Type Special Purpose

Listing Status Active

Purchase Type For Sale

MLS Listing ID EV23217707

HOA Y/N No

Year Built 1936

Lot Size 4,356 Sqft

Property Sub-Type Special Purpose

Property 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.

Location

State CA

County Riverside

Area 263 - Banning/Beaumont/Cherry Valley

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry None

Exterior

Roof Type Shingle

Present Use See Remarks

Building

Lot Description Corner Lot

Story 1

Water Public

Others

Tax ID 540203008

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional, Submit

Listing Terms Cash, Cash to New Loan, Conventional, Submit

Special Listing Condition Standard

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Listed by BENJAMIN ESCALERA • Berkshire Hathaway Homeservices California Realty • 323-620-4274

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

116 W Ramsey ST Banning, CA 92220