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116 W Ramsey St Banning, CA 92220

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For Sale
$1,250,000

Iconic Chinese restaurant for sale in historic downtown Banning.

Property size:
3,026 SF
Lot size:
0.10 Acres

Property Features for 116 W Ramsey St

General Information

Standard status
Active
Size
3,026 SF
Lot size
0.10 Acres

Building Details

Year built
1936

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Listing Contact
Benjamin Escalera
Benjamin Escalera
Source: Exitrealty

Listing Agency: Berkshire Hathaway Homeservices California Realty Listing Agent: Benjamin Escalera

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Historic Downtown Banning Restaurant Opportunity

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.
Location Intelligence

Current Use by Public Records

Wing's Garden Cafe Restaurant

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

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  • Local Demand
City
Banning
County
Riverside
State
California
Longitude
-116.8780781
Latitude
33.9252164

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 St 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.
More about this property
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