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    300 E Main St San Jacinto, CA 92583

    Sponsored
    For Sale
    $985,000

    Commercial Sale - San Jacinto, CA

    Property size:
    4,994 SF
    Days on Market:
    223
    Last Refresh:
    Mar 4 at 8:06 pm

    Property Features for 300 E Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    437073031
    Size
    4,994 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1946
    Architectural style
    Other

    We can help!

    Listing Contact
    Jeremie Tavisola
    Jeremie Tavisola

    Realty ONE Group West

    Listing agent Jeremie Tavisola (951) 547-8400 License #01462137

    Listing date Jul 25, 2025

    MLS# SW25166746 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Versatile Banquet Hall in San Jacinto

    This well-maintained banquet hall, formerly an American Legion, offers a versatile space suitable for various purposes. The property, located in San Jacinto, CA, features approximately 4994 square feet and a flexible floor plan ideal for hosting events of all sizes, including weddings, corporate functions, fundraisers, and private parties. The hall comfortably accommodates 150 guests with seating and features several large open areas with adaptable layouts. It is equipped with commercial-grade kitchens and a full-service bar, making it suitable for live entertainment and catering needs. The property presents an exceptional opportunity to establish a thriving restaurant while benefiting from a space that supports a variety of revenue-generating events. The fully functional commercial kitchen is ready to support high-volume dining and catering operations. This building is a blank canvas for a restaurant concept, with the added bonus of doubling as an event venue to maximize earnings. This space offers the foundation needed to succeed in creating a cozy bistro, a family-friendly eatery, or a pleasant dining experience. This is an excellent investment opportunity for entrepreneurs, event planners, or organizations looking to establish a trusted venue with a built-in connection to the community. The property has a long-standing reputation for hosting memorable events.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wedding venues

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Jacinto
    County
    Riverside
    State
    California
    Longitude
    -116.9564125
    Latitude
    33.7836626

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    FAQs

    What type of property is this?
    Restaurant - Multi-purpose venue with commercial kitchen, ideal for restaurant/events.
    Where is this restaurant located?
    The property is located at 300 E Main St San Jacinto, CA.
    What is the asking price?
    The asking price for this property is $985,000.
    What are key features of this property?
    This property features: - Large, versatile 4994 sq ft banquet hall suitable for various events.; - Fully equipped commercial-grade kitchen and full-service bar.; - Adaptable floor plan comfortably accommodates 150 guests.
    (949) 689-4829
    Request Owner's contact information
    300 E Main St San Jacinto, CA 92583
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    San Jacinto, CA 92583
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    300 E Main St San Jacinto, CA 92583
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    We can help!
    Listing Contact
    Jeremie Tavisola
    Jeremie Tavisola
    Real Estate License ID: 01462137
    (949) 689-4829 (951) 547-8400 (626) 869-8539
    Learn more
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