Conventional Restaurant

Banning, CA Conventional Restaurants for Sale

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Downtown Banning Commercial Opportunity
Updated: Mar 11
Downtown Banning Commercial Opportunity

170 W Ramsey St, Banning, CA 92220

$395,000
0.09 AC lot
Prime downtown Banning location with high visibility and excellent foot and vehicle traffic.
Versatile building suitable for office, restaurant, retail, or boutique use.
Zoned Downtown Commercial, offering a wide range of business possibilities.
Spacious, light‑filled front area provides a blank canvas for customization.
Includes a secondary area with additional office space/workroom, kitchenette, bathroom, and storage.
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Historic Downtown Banning Restaurant Opportunity
Updated: Nov 29, 2023
Historic Downtown Banning Restaurant Opportunity

116 W Ramsey Street, Banning, CA 92220

$1,250,000
3,026 sqft · 0.10 AC lot
Prime location in the heart of Historic Downtown Banning with high visibility and heavy foot/vehicle traffic.
Epicenter location for the upcoming New Downtown Revitalization Project.
Well‑established restaurant with a 37+ year operating history and strong community reputation.
Spacious 4000 sq ft commercial building with a well‑equipped kitchen (wash station, storage room, walk‑in freezer, prep station).
Versatile property suitable for continued use as a Chinese restaurant or a new culinary concept.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Banning, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Commercial
Commercial

707 745 Palm Canyon Dr, Palm Springs, CA 92262

$4,400,000
8,830 sqft · 0.72 AC lot

Retail space · 8,830 SF

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Fully Equipped Restaurant with Kitchen
Fully Equipped Restaurant with Kitchen

41831 E Florida Avenue 123, Hemet, CA 92544

$300,000

Operate from a fully equipped commercial kitchen in a high-traffic shopping plaza near Starbucks.

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Turnkey Pho and Cajun Restaurant
Turnkey Pho and Cajun Restaurant

43430 E Florida Avenue B, Hemet, CA 92544

$100,000
2,162 sqft

Turnkey restaurant with an updated kitchen and a Beer & Wine License, well-suited for owner-operators or investors.

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Prime Leased Investment Opportunity
Prime Leased Investment Opportunity

664-668 N Palm Canyon, Palm Springs, CA 92262

$4,395,000
11,387 sqft

Fully leased commercial property in Palm Springs' historic Uptown District.

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Banning, CA Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Banning, CA on our real estate platform. These investment opportunities span a total of 3,026 square feet of properties for sale, with an estimated market value of $1,250,000.

Sale prices for conventional restaurants in Banning, CA start at $1,250,000, averaging $1,250,000, and reaching up to $1,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 3
Coffee shops 2

Demographics Overview

Population 33K
Population Growth (5Y) +1.3%
Median Household Income $59,116
College Educated 22.9%

High-Yield Neighborhoods for Investment

Identify Banning submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
92220 $822.5K

Taxes & Financing

Tax Rate (average for all types) 1.33%
Property Tax per SF $25.32 per SF
Tax Rate vs County Average 0.16 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Riverside County

New Delisted

Total CRE Inventory on Market (SF)

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