Downtown Mixed-Use Commercial
170 Ramsey Street Banning, CA 92220
For Sale
$488,000
Versatile downtown building with light-filled main space, secondary office/workroom area, and an upstairs private office.
Property Size2,400 SF
Price / SF$203.33
Days on Market376
Property Features for 170 Ramsey Street
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1928
Listing Agency:
CENTURY 21 LOIS LAUER REALTY
(909) 570-6000
Listed By:
Karla Degonia · License #01377589
Source:
Xome
Added: Jul 14, 2025
Changed: Jul 22
Last Checked: Jul 23 at 3:56AM
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 CENTURY 21 LOIS LAUER REALTY
Investment Insights
Based on property information with market context.
This downtown mixed-use commercial building offers multiple interior spaces designed for flexible use. The main level includes a spacious, light-filled front area suitable for an office, retail, or restaurant setup. A secondary area provides additional office space or a flexible workroom, supported by a small kitchenette, a bathroom, and a storage area. Upstairs, there is a private office space intended for meetings, management, or planning.
The property is located in downtown Banning at 170 Ramsey Street. It is described as having high visibility and both foot and vehicle traffic. All potential uses are subject to verification with the City of Banning.
Zoned Downtown Commercial, this building’s configuration supports multiple operational layouts while keeping dedicated spaces for work, storage, and meetings within the same structure.
The property is located in downtown Banning at 170 Ramsey Street. It is described as having high visibility and both foot and vehicle traffic. All potential uses are subject to verification with the City of Banning.
Zoned Downtown Commercial, this building’s configuration supports multiple operational layouts while keeping dedicated spaces for work, storage, and meetings within the same structure.
Key Highlights
- Zoned Downtown Commercial (buyer to verify all potential uses with the City of Banning)
- Year built 1928 with level topography and public transport access
- Light‑filled main/front area provides a versatile open space for business use
Financial Insights For Office B
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 | $55.0k | $22.92 |
| − Vacancy | −$4.7k | −$1.97 |
| EGI | $50.3k | $20.95 |
| − OpEx | −$12.6k | −$5.24 |
| NOI | $37.7k | $15.71 |
2,400 SF · lease $22.92/SF/yr · vacancy 8.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$538.7K
$471.4K – $628.5K
NOI $37,708 @ 7.0% cap · market cap 7.73%
Second Best
Retail
$491.4K
$430.0K – $573.4K
NOI $34,401 @ 7.0% cap · market cap 7.05%
Theoretical Best
Office A
$719.0K
$629.1K – $838.8K
NOI $50,330 @ 7.0% cap · market cap 10.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Faithful Car Accident ...
Law Firm
FAQs
What type of property is this?
Mixed-use property - Versatile downtown building with light-filled main space, secondary office/workroom area, and an upstairs private office.
Where is this mixed-use property located?
The property is located at 170 Ramsey Street Banning, CA.
What is the asking price?
The asking price for this property is $488,000.
What are key features of this property?
This property features: Zoned Downtown Commercial (buyer to verify all potential uses with the City of Banning); Year built 1928 with level topography and public transport access; Light‑filled main/front area provides a versatile open space for business use
