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    Banning, CA Restaurants for Sale

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    Iconic Restaurant in Historic Downtown
    Updated: Mar 10
    Iconic Restaurant in Historic Downtown

    116 W Ramsey St, Banning, CA 92220

    $1,250,000
    4,000 sqft 0.10 AC lot
    Prime location in Historic Downtown Banning with high visibility and foot traffic.
    Epicenter of the New Downtown Revitalization Project.
    Long‑standing restaurant with a 37+ year history and established reputation.
    Spacious 4000 sq ft commercial building with well‑equipped kitchen.
    Walking distance to City Hall, Courthouse, Police Department, shops, and restaurants.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    116 W Ramsey St, Banning, CA 92220

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    • Est. Cap Rate

      4%
      NOI ÷ price

    • Est. NOI

      $50K
      Annual

    • Price @ 7% Cap

      $721K
      Suggested

    • Last Sold

      Dec 2014
      $85K

    • Property Type

      Restaurant
      Built 1936
    View Property Analytics
    Corner Retail Storefront Opportunity
    Updated: Jul 30, 2024
    Corner Retail Storefront Opportunity

    614 W Ramsey Street, Banning, CA 92220

    $275,000
    Frontage on the main thoroughfare, located on a corner for additional access.
    Cooling includes wall/window unit(s).
    Caboose portion appears to have been built around 1974.
    “Train station depot” style building added around 1979–1980 (estimated only).
    View details
    Based on your search, we've compiled 47 Potential Opportunities for your consideration. Besides 2 Active listings in Banning, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 37 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Commercial Land with Restaurant Infrastructure
    Commercial Land with Restaurant Infrastructure

    41525 East Florida Avenue, Hemet, CA 92544

    $499,000
    34,412 sqft

    Commercially zoned development site with existing site improvements and utility access for a future restaurant or retail project.

    View details
    Freestanding Applebee's Restaurant
    Freestanding Applebee's Restaurant

    1585 E 6th Street, Beaumont, CA 92223

    Contact for pricing
    5,814 sqft 1.30 AC lot

    Single-tenant restaurant property with an absolute NNN lease and established national brand occupancy.

    View details
    Drive-Through Restaurant NNN Lease
    Drive-Through Restaurant NNN Lease

    1535 East 2nd Street, Beaumont, CA 92223

    Contact for pricing
    3,832 sqft

    Single-tenant, absolute net leased drive-thru restaurant investment with corporate lease guaranty and nearly 10 years remaining.

    View details
    Drive-Thru Restaurant Building
    Drive-Thru Restaurant Building

    1531 E Florida Avenue, Hemet, CA 92544

    $800,000

    Well-designed drive-thru restaurant property, currently dark, positioned near major retail and service employers.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Level Commercial Land with Dual Street Access
    Level Commercial Land with Dual Street Access

    E Commonweaith Avenue, San Jacinto, CA 92583

    $1,600,000
    3.23 AC lot

    General Commercial land offering a mostly level, partially fenced site with paved streets along both sides.

    View details
    General Commercial Land
    General Commercial Land

    E Commonweaith Avenue, San Jacinto, CA 92583

    $3,150,000
    6.31 AC lot

    Three adjoining parcels carry CG zoning with utilities accessible from the street.

    View details
    Prime Commercial Land Assemblage
    Prime Commercial Land Assemblage

    608 N San Jacinto, Hemet, CA 92543

    $279,000
    0.96 AC lot

    Large commercial land assemblage in Hemet's Highway 79 corridor.

    View details
    Commercial Service Land
    Commercial Service Land

    12915 14th Street, Yucaipa, CA 92399

    $575,000
    0.57 AC lot

    Vacant commercial-service parcel with public water and direct proximity to the 10 freeway.

    View details

    Off-Market Properties in Banning, CA

    Consider similar Off-Market properties in Banning, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    770 Ramsey St
    RESTAURANT

    770 Ramsey St, Banning, CA 92220-4942

    $3,030,000
    Estimated value
    2,783 sqft 1.01 AC lot
    View details
    1860 Ramsey St
    RESTAURANT

    1860 Ramsey St, Banning, CA 92220-4270

    $535,000
    Estimated value
    2,736 sqft 0.58 AC lot
    View details
    374 Ramsey St
    RESTAURANT

    374 Ramsey St, Banning, CA 92220-4844

    $435,000
    Estimated value
    2,166 sqft 0.28 AC lot
    View details
    2271 Ramsey St
    RESTAURANT

    2271 Ramsey St, Banning, CA 92220-3707

    $735,000
    Estimated value
    2,114 sqft 0.52 AC lot
    View details
    575 Ramsey St
    RESTAURANT

    575 Ramsey St, Banning, CA 92220-4826

    $965,000
    Estimated value
    2,140 sqft 0.13 AC lot
    View details
    553 Ramsey St
    RESTAURANT

    553 Ramsey St, Banning, CA 92220

    $965,000
    Estimated value
    784 sqft 0.13 AC lot
    View details
    6261 Joshua Palmer Way
    RESTAURANT

    6261 Joshua Palmer Way, Banning, CA 92220-3013

    $1,035,000
    Estimated value
    13,005 sqft 1.22 AC lot
    View details
    1046 Ramsey St
    RESTAURANT

    1046 Ramsey St, Banning, CA 92220-5924

    $100,000
    Estimated value
    600 sqft 0.47 AC lot
    View details
    1675 Ramsey St
    RESTAURANT

    1675 Ramsey St, Banning, CA 92220-4230

    $125,000
    Estimated value
    960 sqft 0.54 AC lot
    View details
    1987 Ramsey St
    RESTAURANT

    1987 Ramsey St, Banning, CA 92220-4236

    $205,000
    Estimated value
    1,656 sqft 0.21 AC lot
    View details
    2579 Ramsey St
    RESTAURANT

    2579 Ramsey St, Banning, CA 92220-3713

    $300,000
    Estimated value
    2,000 sqft 0.40 AC lot
    View details
    2034 Ramsey St
    RESTAURANT

    2034 Ramsey St, Banning, CA 92220-4282

    $530,000
    Estimated value
    2,700 sqft 0.85 AC lot
    View details
    4286 Ramsey St
    RESTAURANT

    4286 Ramsey St, Banning, CA 92220

    $275,000
    Estimated value
    0.58 AC lot
    View details
    116 Ramsey St
    RESTAURANT

    116 Ramsey St, Banning, CA 92220-4819

    $280,000
    Estimated value
    3,570 sqft 0.10 AC lot
    View details
    1964 Ramsey St
    RESTAURANT

    1964 Ramsey St, Banning, CA 92220-4271

    $305,000
    Estimated value
    1,440 sqft 0.51 AC lot
    View details
    1801 Ramsey St
    RESTAURANT

    1801 Ramsey St, Banning, CA 92220-4234

    $315,000
    Estimated value
    3,076 sqft 0.75 AC lot
    View details
    5970 Ramsey St
    RESTAURANT

    5970 Ramsey St, Banning, CA 92220-3057

    $365,000
    Estimated value
    2,432 sqft 0.64 AC lot
    View details
    1935 Ramsey St
    RESTAURANT

    1935 Ramsey St, Banning, CA 92220-4236

    $405,000
    Estimated value
    640 sqft 0.63 AC lot
    View details
    730 Ramsey St
    RESTAURANT

    730 Ramsey St, Banning, CA 92220-4942

    $680,000
    Estimated value
    4,022 sqft 1.03 AC lot
    View details
    755 Ramsey St
    RESTAURANT

    755 Ramsey St, Banning, CA 92220-4941

    $315,000
    Estimated value
    1,680 sqft 0.36 AC lot
    View details
    41 Ramsey St
    RESTAURANT

    41 Ramsey St, Banning, CA 92220-4816

    $315,000
    Estimated value
    3,550 sqft 0.40 AC lot
    View details
    1335 Ramsey St
    RESTAURANT

    1335 Ramsey St, Banning, CA 92220-4447

    $310,000
    Estimated value
    3,124 sqft 0.88 AC lot
    View details

    Banning, CA Restaurants Market Trends and Statistics

    Explore 39 restaurants for sale in Banning, CA on our real estate platform. These investment opportunities span a total of 4,000 square feet of properties for sale, with an estimated market value of $1,525,000.

    Sale prices for restaurant properties in Banning, CA start at $275,000, averaging $762,500, and reaching up to $1,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Coffee shops 2
    Conventional restaurants 2

    Demographics Overview

    Population 33K
    Population Growth (5Y) +1.3%
    Median Household Income $59,116
    College Educated 22.9%

    High-Yield Neighborhoods for Investment

    Identify Banning submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    92220 $762.5K

    Taxes & Financing

    Tax Rate (average for all types) 1.33%
    Property Tax per SF $25.32 per SF
    Tax Rate vs County Average 0.16 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Riverside County

    New Delisted

    Total CRE Inventory on Market (SF)

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