Conventional Restaurant

Banning, CA Conventional Restaurants for Sale

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Iconic Restaurant in Historic Downtown
Updated: Mar 10
Iconic Restaurant in Historic Downtown

116 W Ramsey St, Banning, CA 92220

$1,250,000
4,000 sqft 0.10 AC lot
Prime location in Historic Downtown Banning with high visibility and foot traffic.
Epicenter of the New Downtown Revitalization Project.
Long‑standing restaurant with a 37+ year history and established reputation.
Spacious 4000 sq ft commercial building with well‑equipped kitchen.
Walking distance to City Hall, Courthouse, Police Department, shops, and restaurants.
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1 active listing matches your search: Restaurant for sale in Banning, CA. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Mid-Century Retail Building
Mid-Century Retail Building

707 745 Palm Canyon Drive, Palm Springs, CA 92262

$4,400,000
8,830 sqft 0.72 AC lot

Restaurant and gallery retail tenants occupy a Palm Springs property with preserved travertine finishes.

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NNN Property
NNN Property

31522 Yucaipa Boulevard, Yucaipa, CA 92399

Contact for pricing
2,266 sqft

Recently constructed commercial property completed in 2023.

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Prime Palm Springs Investment Opportunity
Prime Palm Springs Investment Opportunity

664 668 Palm Canyon Drive, Palm Springs, CA 92262

$4,395,000

100% leased property in Palm Springs' historic Uptown District.

View details
Turnkey Pizza Restaurant Business
Turnkey Pizza Restaurant Business

35020 Yucaipa Boulevard, Yucaipa, CA 92399

$199,000

Operating restaurant business with equipment, an established customer base, and a limited weekly schedule.

View details

Banning, CA Conventional Restaurants Market Trends and Statistics

Explore 1 conventional restaurants for sale in Banning, CA on our real estate platform. These investment opportunities span a total of 4,000 square feet of properties for sale, with an estimated market value of $1,250,000.

Sale prices for conventional restaurants in Banning, CA average $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 2
Coffee shops 1

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 $1.3M

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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