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$738,000

FOR SALEActive

50 N 1st

Banning CA 92220

6,400

SF

Retail

Type

1964

Built

$115/SF

Cost/SF

135 days on marketNalren refreshed

Listing Agent

David Friedman

Listing Agent

DRE #: 01909018

(909) 810-2108

Brokerage: REALICORE

Location Analysis

MapProperty Location

About This Property

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.

Property Information

Property Overview

Commercial - Retail

Property Type

Active

Status

0.15 acres

Lot Size

6,400 SF

Square Footage

$115.31/SF

Price per SF

1,964

Year Built

1

Stories

Property Highlights

N/A Property

Prime Location with High Visibility

Location Analysis

Map

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