Spacious Banquet Hall with Commercial
300 E Main St San Jacinto, CA 92583
300 E Main St, San Jacinto, CA, 92583
$985,000
For Sale
$985,000
Multi-purpose venue ideal for events, restaurant, and catering.
Property Size4,994 SF
Lot Size0.24 Acres
Price / SF$197.24
Days on Market133
Property Features for 300 E Main St
General Information
- Standard status
- Active
- Size
- 4,994 SF
- Lot size
- 0.24 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1946
Listing agency
Realty ONE Group West
(949) 689-4829
Listed by
Jeremie Tavisola · License #01462137
(949) 689-4829
Source
Elliman
Added: Mar 11 Updated: Jul 6 at 12:11PM Checked: Jul 17 at 7:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty ONE Group West
Investment Insights
Based on property information with market context.
This well-maintained banquet hall offers a versatile space suitable for various purposes. The hall, with approximately 4994 square feet, features a flexible floor plan that can accommodate events of different sizes, including weddings, corporate functions, fundraisers, and private parties. It comfortably seats 150 guests and includes several large open areas with adaptable layouts. The property is equipped with commercial-grade kitchens and a full-service bar, making it suitable for live entertainment and catering services. The space presents an opportunity to establish a restaurant while also functioning as an event venue to maximize revenue. The fully functional commercial kitchen is ready to support high-volume dining and catering operations. This building offers a foundation for a restaurant concept, with the added benefit of serving as an event venue. This space offers the foundation needed to succeed in creating a bistro, a family-friendly eatery, or a pleasant dining experience. The property has a long-standing reputation for hosting memorable events and 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.
Key Highlights
- Large, versatile 4994 sq ft banquet hall suitable for various events.
- Equipped with a commercial‑grade kitchen and full‑service bar.
- Adaptable layout comfortably accommodates 150 guests.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $89.9k | $18.00 |
| − Vacancy | −$5.9k | −$1.19 |
| EGI | $84.0k | $16.81 |
| − OpEx | −$21.0k | −$4.20 |
| NOI | $63.0k | $12.61 |
4,994 SF · lease $18.00/SF/yr · vacancy 6.60% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$899.6K
$787.1K – $1.05M
NOI $62,969 @ 7.0% cap · market cap 6.39%
Second Best
—
—
no second resolved use
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 Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Wedding venues
Similar For Sale Nearby
FAQs
What type of property is this?
Restaurant - Multi-purpose venue ideal for events, restaurant, and catering.
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.; Equipped with a commercial‑grade kitchen and full‑service bar.; Adaptable layout comfortably accommodates 150 guests.
