775 E Ramsey Street, Banning, CA 92220 - Berkshire Hathaway HomeServices California Properties
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775 E Ramsey Street, Banning, CA 92220

$3,500,000 Approx. USD 0 beds, 0 baths

Reduced by $500,000 on 7/9/2025
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Listing Agent


MAO TOM TSENG | RealtorTomTseng@gmail.com
Lic#: 01875813
Broker: Courtesy of UNIVERSAL ELITE REALTY

Agent Remarks

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.

Listing Details

Property type: Retail (Commercial)
Status: Active
MLS# WS25094963
List price is $3,500,000 Reduced by $500,000 on 7/9/2025
Price: $3,500,000
Built in 2022
2.35 acres
Lot size: 2.3500
County: Riverside
Zoning: GC
Lot description: Lot Over 40000 Sqft,Value In Land
Heating/cooling: Central Air
Heating description: Central
MLS area: 263 - Banning/Beaumont/Cherry Valley

Last Updated: 7/9/2025

 Days On Market (DOM): 77

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This listing belongs to the 263 - Banning/Beaumont/Cherry Valley MLS area

Lat/Long: 33.925777, -116.868362.
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Source: CRM. Also Available in WS25108789,

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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