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Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 22
Approx. Age 2022
MLS® Number WS25094963

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Attention investors, developers, and 1031 exchange buyers: This 2.5-acre commercial property in the City of Banning is now available for $4 million. Features: – 4, 000 SF total retail space – 1, 800 SF leased to Yoshinoya ($216K/year income) – 2, 200 SF vacant for owner use or leasing upside of $6, 050/month, which can increase the property value by $1M – Development opportunity! Additional vacant land of over 60, 000 sqft zoned GC (General Commercial) is ready for future developments! -May qualify for an SBA loan for owner-users on the vacant space Located just off Hwy 10, near Desert Hills Premium Outlets and Morongo Casino. -Leasing the vacancy could instantly increase property value by over $1M. Value-add, income-producing, and development-ready. Commercial zoned Let’s talk.Show Description
MLS® NumberWS25094963
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelNone
Exposure
Exterior
GarageNo
Approx. Age2022
Stories1
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral
A/CCentral Air
Heating Fuel

Extras

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