116 W Ramsey Street, Banning, CA 92220

Building Details

Year Built

1936

Listing office Berkshire Hathaway Homeservices California Realty b***@yahoo.com Show Phone

Listing date Nov 29, 2023

Source Exitrealty

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Overview

An established Chinese food restaurant is available for purchase in the heart of historic downtown Banning. The restaurant has been a local fixture for over 37 years. The property is situated within walking distance of City Hall, the Courthouse, the Police Department, shops, and other restaurants, benefiting from high visibility and significant vehicle and foot traffic. The location is slated to be the epicenter of the New Downtown Revitalization Project, with construction scheduled to begin soon. The commercial building, spanning approximately 4000 sq ft, includes dining and kitchen areas. The kitchen is equipped with appliances, including a wash station, storage room, walk-in freezer, and prep station. A strategically placed sign enhances visibility. The dining area features booths, tables, and chairs. With over five decades of operation, the restaurant has a reputation for serving Chinese cuisine. The property offers versatility for continued use as a Chinese restaurant or the introduction of a new culinary concept. The property size is 3026 square feet.

Suggested Use

Real Estate Agency Restaurant Big Box & Wholesale Store Spa & Massage Center Building Supply Hair Salon Pharmacy Gym & Fitness Center Parking Lot & Garage Nail Salon

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

Location Insight

• Map
• Local Demand

City

Banning

County

Riverside

State

California

Longitude

-116.878

Latitude

33.9252

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FAQs

What type of property is this?

Conventional restaurant - Iconic Chinese restaurant for sale in historic downtown Banning.

Where is this conventional restaurant located?

The property is located at 116 W Ramsey Street Banning, CA.

What is the asking price?

The asking price for this property is $1,250,000.

What are key features of this property?

This property features: 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.