775 E Ramsey St

Attention investors, developers, and 1031 exchange buyers:

This 2.5-acre commercial property in the City of Banning is now available for $4 million.

Features:

– 4,000 SF total retail space

– 1,800 SF leased to Yoshinoya ($216K/year income)

– 2,200 SF vacant for owner use or leasing upside of $6,050/month, which can increase the property value by $1M

– Development opportunity! Additional vacant land of over 60,000 sqft zoned GC (General Commercial) is ready for future developments!

-May qualify for an SBA loan for owner-users on the vacant space

Located just off Hwy 10, near Desert Hills Premium Outlets and Morongo Casino.

-Leasing the vacancy could instantly increase property value by over $1M.

Value-add, income-producing, and development-ready. Commercial zoned Let’s talk.