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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

2185 Ramsey St Banning, CA 92220-4240

2,136 SF 0.22 ac lot Built 1950
Individually Owned 15-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US10-2367302
Property summary
AI-generated overview

This turnkey business opportunity presents a well-established, family-owned liquor store in Banning, CA, located at 2185 W Ramsey St, 92220. The 2,500 square foot property includes a fully operational liquor store offering a wide selection of alcoholic beverages and convenience items. Adding to its diverse revenue streams is an on-site carnicería (meat market) providing quality cuts of meat, a full kitchen offering take-out food services, and additional services such as lottery ticket sales, check cashing, and money wire transfers. The business benefits from a high-traffic location and a loyal customer base, ensuring consistent foot traffic and revenue generation. With 20 parking spaces available, customer convenience is maximized. This established business offers a unique combination of services catering to the community's needs, making it an attractive investment opportunity. The asking price is $850,000.

Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1950
Construction WOOD
Total area 2,136 SF
Lot 0.22 ac (9,583 SF)
Zoning code C2
APN 538-163-006
UPID US10-2367302
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • 4 Bros Liquor #5 (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • 22nd Street Market (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Bachu R Chandravadia · 15 yrs held
Bachu R Chandravadia
since 2010
5 recorded transactions
2010
$400,000
2005
Price N/A
2005
$375,000
2001
$200,000
1969
Price N/A
Zoning & alternative use
C2 · Banning, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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