Versatile Banquet Hall in San
300 E Main Street, San Jacinto, CA 92583
- Added:
- Jul 25, 2025
- Days on Market:
- 295
- Last Refresh:
- May 15 at 5:06 pm
Property Features for 300 E Main Street
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
Listing agent Jeremie Tavisola License #01462137 (949) 689-4829
Listing office Realty ONE Group West 1260 Corona Pointe Ct., CA (951) 547-8400
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.
HighLights
- 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.
- Excellent investment opportunity for a restaurant and event venue.
- Blank canvas for a restaurant concept with multi‑use potential.
- Rich community heritage and long‑standing reputation.
Overview
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.
Financial Insights
Value Estimation Calculated for Retail
Conservative
$795.4K
NOI $71,583 @ 9.00% cap · cautious / downside scenario
Moderate
$1.02M
NOI $71,583 @ 7.00% cap · market / base-case scenario
Aggressive
$1.43M
NOI $71,583 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $107.9k | $21.60 |
| − Vacancy | −$5.6k | −$1.12 |
| EGI | $102.3k | $20.48 |
| − OpEx | −$30.7k | −$6.14 |
| NOI | $71.6k | $14.33 |
4,994 SF · lease $21.60/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Use Scenarios
Best Use
Retail
$1.02M
$894.8K – $1.19M
NOI $71,583 @ 7.0% cap · market cap 7.27%
Second Best
Specialty Retail
$899.6K
$787.1K – $1.05M
NOI $62,969 @ 7.0% cap · market cap 6.39%
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M
NOI $104,728 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Wedding venues
Location Insight
- Map
- Local Demand
- City
- San Jacinto
- County
- Riverside
- State
- California
- Longitude
- -116.9564125
- Latitude
- 33.7836626
Nearby Similar for Sale
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 Street 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.
